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Commercial property for sale

£19,995

London EC4M, UK

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Property description

Ref 5974 – Online Dance Events Company
Blacks Brokers are proud to bring to the market this online dance events company located in Central London and surrounding area.


Introduction


Reflex Dance Studios has been trading since 2014, they arrange 80's style dance parties by hiring out space in 2 night clubs in London on behalf of their clients who contact them via their website. Reflex Dance Studios has built up a database of over 1000 events managers contacts in companies such as Coca Cola, hsbc, Amex, Facebook, Pret A Manger and more, who all gave positive feedback and are willing to return to Reflex Dance Studios services in the future. Reflex Dance Studios can provide a portfolio of choreographies in retro style prepared by Dancing with the Stars choreographers.


Location


Events are based in Central London within two main venues (both Night Clubs) The Reflex Bar on Watling Street and The Loop Bar on Dering Street. The venues are not leased but rented on an ad hoc basis at a cost of £25 per hour.


Reason for sale


Reflex Dance Studios is only being offered for sale due to our client’s other business interests.


Lease


There is no lease in place as the business is based online, however the business pays a rental of £25 per hour at both locations where events are held.


Business information


Reflex Dance Studios operates by hiring space from The Reflex Bar on Watling Street and The Loop Bar on Dering Street for customers who contact them via their website for the arrangement of 80's style dance parties. The size of space is dependent on the number of participants, however they can cater for parties of up to 100 people. The events last for 2 hours and the participants normally go on to have an evening meal which is also arranged by Reflex Dance Studios. Reflex Dance Studios only pay £25 per hour to hire the space, there is no lease or license involved, they hire the space on an ad hoc basis as and when required. Reflex Dance Studios offer packages for events such as hen nights, birthdays and team building. Basic packages start at a cost of £29 per person with extra costs for the additional features such as the arrangement of an evening meal, make up, accommodation arrangements etc. The sale of the business comes with a fully functioning and running website .


Staff


The business operates with 1 full time employee with good support from self-employed dance teachers, dj’s, photographers and makeup artists, all of whom help with larger events.


Financial details


Financial details are available upon a viewing of the business and Reflex Dance Studios has traded solidly over its trading history. The business generates an annual turnover of £35,000.


Summary


Reflex Dance Studios is an online events company operating in the centre of London which provides tailored fun dancing events for Corporate Team Building, Hen Parties and Birthday Parties all with a Funky 80’s style theme. The events attract a wide variety of blue chip corporate as well as private clients. Property: £19,995.

Please quote ref: 5974

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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