SOLD
Hilco is delighted to offer for sale certain assets and rights relating to an established, high-profile UK-based food, drink, and music festival (the “Festival Business”), as a carve-out of a larger group.
Founded in 2017, the Festival Business has evolved into one of Britain’s foremost town-centred culinary festivals, renowned for its exceptional line-up of chefs, premium hospitality offering, and a vibrant programme of live entertainment. With sustained profitability, strong customer loyalty, and a clear growth plan, this is a rare opportunity to acquire a proven and scalable live event.
This sale represents an exciting opportunity to acquire a profitable, well-known event with strong brand equity, an affluent audience, and proven commercial success, offering an ideal platform for event operators, strategic buyers, or investors seeking an established footprint in premium live experiences.
Hilco is acting as exclusive agent in connection with the proposed sale of the Festival Business.
All sales are made strictly on an “as seen, where lying” basis. Only such right, title and interest (if any) as the Festival Business may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Festival Business or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the Festival Business for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Festival Business and Hilco. Failure to complete within this period may result in forfeiture of the deposit and termination of the transaction.
