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the UK marketplace for company sales

Immersive experiences & themed bars

Reference
S11844
Turnover
£2m to £5m
Sector(s)
Food & drink, Leisure, Service industries, Technology
Region(s)
UK Wide
Added
30 July 2024

Business description

Project Bastion is an innovative company providing immersive experiences,

enhanced by its one-of-a-kind technology, private cocktail booths, and 132-inch screens.
Enhancing its core service, the business also utilises its technology to offer events for all significant major sporting events such as the Euros, the World Cup, Premier League, the Superbowl, Championship Boxing.
To provide the best experience possible, the company has secured numerous 12-month partnerships with key hospitality brands to secure the best prices possible, resulting in an excellent reputation amongst its customer network.
Our clients are now offering a unique opportunity to facilitate the company’s further development while working alongside a new partner.
Offers invited.

Highlights

  • Attracts over 232k customers via 61k bookings, including high-value, blue-chip organisations across various industries, such as technology, automotive, and gaming. 
  • Benefits from high levels of repeat custom, with 30–40% of its existing customer base returning on a regular basis. 
  • Receives high ROI via online advertising, including Google Ads, raising £24,500 in the last 8 months. 
  • Has assembled an experienced second-tier management team, capable of running daily operations with minimal oversight from the directors. 
  • Has won numerous industry awards for its pioneering service. 
  • Operates from three leasehold venues across the UK and is currently in discussions to acquire additional premises in the US. 
  • Significant potential and desire to expand into international markets, including the US.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2024 (Actual) 2,323 168
2025 (Forecast) 3,000 410
2026 (Forecast) 4,000 665
  • Generated a turnover in excess of £2.3m in YE24, with an EBITDA of 410k.
  • Maintained a profit margin of 43% in the same year, obtaining over £1m in gross profit. 
  • Forecast to achieve a turnover of £3m and £4m in YE25 and YE26 respectively. 
  • Ideally positioned to secure year-on-year growth by capitalising on the combined popularity of two buoyant markets, gaining a significant advantage over industry competitors. 
  • The business has already received enquiries regarding Christmas bookings, which often results in a 60% uplift in turnover.

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