Leading UK Hospitality, Food, Drink and Music Festival Operator

Offer Deadline:

SOLD

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Hilco is delighted to offer for sale the business and assets of a leading UK hospitality, food, drink and music event operator (the “Company”).

The Company operates a successful chain of food, drink and music festivals from various locations across the UK. The Company’s events deliver a fun, family-friendly immersive food, drink and music experience.

The Company’s events attract an impressive celebrity chef line-up, including hot new names in the food world and established, well-known celebrity chefs.

Alongside its varied food offering, the Company’s events present an exciting drink selection, with everything from cocktails to fizz, spirits to wines, and the finest beers. The Company’s food and drinks offerings can be enjoyed alongside award-winning music acts, including old favourites and up-and-coming artists.

The salient details on the business are as follows:

• Long-standing, successful hospitality, food, drinks and music festival;
• Generated revenue of over £6.2m in 2019;
• Forecast revenue of over £7m in 2023
• Established relationships with key food and drink industry players;
• Impressive and sizeable customer base;
• Attractive brand and accompanying intellectual property portfolio;
• A competent and driven team.

Business Assets

Available assets include:

• Established Customer Base – a database of c. 300k customers and festival goers;
• Accompanying IP Portfolio – including a registered trade mark, domain name portfolio, copyright in the website content, social media assets and contracts;
• Organisational Knowledge – organisational knowledge covering the everyday running of the business;
• Goodwill – the valuable goodwill attached to the business.