Luxury sports hospitality and travel company – operating internationally

The company’s international client base comprises high-net-worth individuals, corporate organisations, sports ticketing agents and luxury travel companies, with 40% of sales generated in Europe and 30% in the USA.

The company is being offered for sale to facilitate the retirement of one of the shareholders.

Key Highlights

– Caters to circa 350 clients per annum and benefits from repeat business, with some relationships spanning more than six years.

– Revenue within the sport is growing year-on-year, with attendance figures across the whole of its season currently at an all-time high.

– Considerable scope for growth in some markets, with the sport experiencing a surge in popularity in the USA.

– One of the shareholders is willing to remain with the business post-sale, facilitating its continued growth under new ownership.

– A fully remote business that can be operated from anywhere in the world.

– Low competition and high barriers to entry due to exclusive agreements within the sport.

Financial Highlights

– YE22 turnover of £8.2m, with an adjusted EBITDA of £733k.

– YE23 management turnover of £7.8m, with an adjusted EBITDA of £428k.

– YE24 projected turnover of £8m and adjusted EBITDA of £500k.

– Largest 10 clients only account for circa 30% of the company’s overall revenue, with these clients likely to provide a similar level of business for the foreseeable future.

– Low customer concentration with the largest customer contributing only 5% of annual turnover.

– Confirmed bookings to end of March 2024 valued at £3,760,000 for YE24.