Business profile:
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital in a pay-to-enter competitions company specialising in luxury prizes.
Key strengths:
The business has the following key attributes:
• A fully operating and test launched driving game testing reactions and driving skills.
• Developed to fall outside the Lotteries and Amusements Act – no licence required.
• Potential to generate up to £1.1m revenue in Year 1.
• Significant growth and expansion opportunities.
The business provides an acquirer with:
• An ideal bolt on for a competitions company looking to add to their range of games.
• An excellent ‘starter’ opportunity for an individual or company looking to enter the pay-to-enter games sector.