Event Management Business for Sale in Mumbai, India

- The company is pioneers & monopoly players for this product segment in India.

- The company's main product is making wax which is conducted in private events like Birthdays, weddings, anniversaries & corporate events like conferences, awards shows, exhibitions etc. Additionally, the company offers other services such as 2D Hand Impressions, 3D Hands Casting, Crystal Hands, Sand Art Craft and Gel Wax Art, among others.

- We manufacture the wax machines & specially formulated Flexi Wax and supply to our Franchisees & Independent Business owners in India & Abroad. We have exported to Israel, Zimbabwe & Dominican Republic.

- Business can be done in 2 formats. Retail like Malls, Amusement Parks etc & Event format like servicing Private & Corporate events.

- With a client base of over 500 event agencies, the company has served well-known clients such as ICICI Bank, Axis Bank, EA Sports, DELL, and Netflix, highlighting its strong reputation and established relationships within the industry.

- The company operates in Mumbai and has franchisees in 12 cities Pan India, providing a strong foothold in the market and potential for further expansion.

- The business has a steady order flow, averaging 2-3 orders per week, with the potential to increase to 8-10 orders during peak seasons. Each order ranges in value from INR 12,000 to INR 3 lakh, indicating the company's ability to generate significant revenue from each engagement.

- The current workforce consists of 5 dedicated employees who are willing to continue working under new ownership provided the new owners are planning to run operations around Mumbai/Thane.

Wax making is the top product which is used to service private events like birthdays, weddings, anniversaries & corporate events like conferences, awards shows, exhibitions, etc. We also have a lineup of other services such as 2D hand impressions, 3D hands casting, crystal hands, sand art craft and gel wax Art, among others. We send our machine & team to service the events.

We manufacture wax machines & specially formulated flexi Wax and supply them to our Franchisees & others in India & Abroad.

Tangible assets would be 3 machines, Silicon Moulds with all tools required for business.

Intangible assets would be Registered Brand Name, Technology Transfer & employees, and contacts with the vendors we have worked with.

Rented office in Thane at the moment but this will not be a part of the transaction.

Business is self-funded, there are 3 small loans totally amounting to INR 3 lakhs, has 1 owner with 100% stake in the company.