€170,000
Fantastic opportunity to buy an extremely successful wedding business whilst living the Cyprus dream!
Cyprus dreams is an extremely successful established wedding business in the Famagusta district, going from strength to strength over the past eight years.
Cyprus Dreams operates within a niche market in the wedding industry, focusing on high-margin products such as letter lights and dance floors. The company has established strong relationships with key venues and wedding planners across Cyprus, ensuring a steady stream of business. The operation is highly efficient, managed by a small team and two vans, allowing the company to maintain high profitability while handling a significant volume of bookings.
A unique and attractive aspect of the business model is the operational efficiency, where the business operates on average only 120 days per year. This equates to approximately 10 days per month, making it a low-intensity operation with a highly flexible schedule. The business model primarily involves drop-off and pick-up services, which further enhances the efficiency and appeal of the operation. This allows for a favourable work-life balance and leaves room for potential expansion or diversification of services without significantly increasing the operational burden.
The potential for Cyprus Dreams is vast. Currently, we operate at maximum capacity with just two vans and a dedicated team of two, occasionally supported by casual helpers. Due to our remarkable growth, we temporarily withdrew from the Paphos region and now exclusively supply Paphos through our contract with TUi. However, re expanding into Paphos would be a straightforward endeavour. With the addition of more staff and vehicles, we could effortlessly secure more business. We find ourselves turning down bookings daily and declining all Paphos-based requests. Even at full capacity, our market share in the Cyprus wedding industry remains relatively small, underscoring the boundless growth potential. Furthermore, our status as the largest supplier of lights and dance floors on the island, combined with our strong relationships with premier venues, wedding planners, and tour operators, positions us to expand our inventory with virtually any product or service, instantly accessing an established customer base
The confirmed bookings for 2025 and 2026 are already ahead of the same time in previous years, indicating strong growth potential as additional bookings are secured.
You do not want to miss out on this great opportunity!
Enquire now for more details!
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Reference: xml2u-17596-blues-002745
Number of mandate: BLUES_002745
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