Anyone got a Spare £2.5 million?

Discussion in 'The Hornets' Nest - Watford Chat' started by hornetmaster, Feb 21, 2008.

  1. hornetmaster

    hornetmaster Reservist

    Only one careful owner?:)

    C/P

    Sale Memorandum
    Profitable London Based Senior Non League Club

    Football Conference graded ground
    4,350 Capacity
    500 seated

    Ref.CO077
    Location Outer North London
    Asking Price £ 2,500,000
    Confidential offered for sale


    Next Step, please print, fully complete and fax back confidentiality form on
    01895 20 6666
    Confidentiality Form
    Print this page
    Full Members of The Football Association
    The Ryman Football League
    The Suburban Football League
    Seven Income Streams
    Rebuild cost of circa £5M
    Full-sized floodlit Astroturf pitch
    4 classrooms
    Newly refurbished Large Function Room
    Luxurious Directors Lounge
    Newly refurbished Members Bar
    Ample parking
    Long Leasehold at peppercorn rent
    Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
    Business profile:
    We have a unique opportunity available to acquire a senior non league club, founded in 1948, with superb leasehold premises situated in London. The excellent range of facilities includes state of the art astroturf facilities, directors suite and newly refurbished members bar and large function room for hire. The club is in first class order throughout, with changing rooms, a clubhouse, as well as cover and ample seating and parking for spectators.

    The club is lucrative and offers the successful purchaser the rewarding opportunity of receiving Seven Levels of Income, making this a fantastic opportunity for the future.

    1. Gate entry and programme sales
    2. Astro pitch hire
    3. The bars and function rooms
    4. The teaching academy
    5. Sponsorship deals bring in excellent revenues from various sources, which include main sponsorship from Local and International Companies, Local Authorities and Educational Institutions.
    6. The in-house catering department.
    7. The club also has two ground share agreements with two senior professional clubs.

    Function rooms cater for many occasions including Christenings, Birthday parties, Presentation evenings, Wedding receptions and Christmas parties.

    The club runs community, youth structure training, coaching courses with over 250,000 participants per year use the third generation. The program is one of academic and sporting excellence for youngsters. Academic Training is undertaken in the clubs college classrooms with football training on the year round Astro turf facility. The scheme offers a bright and exciting future for the club and is looking to go further and beyond any other similar scheme in the country.
    Key Strengths:

    This is a rare opportunity to acquire a very well established senior non league club that is widely recognised and enjoys on-going predictable revenue streams. It is also important to point out they have very close ties with senior premiership and championship clubs in their area that utilise the training facilities as well as ground sharing.
    Financial profile:
    The club is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
     
  2. lowerrous

    lowerrous First Team

    Sorry if I'm being blind, but which team is it?
     
  3. bogsider

    bogsider Reservist

    Enfield, Barnet??
     
  4. Stevohorn

    Stevohorn Watching Grass Grow

    Its Watford!



    No seriously..I read on another board that its Boreham wood fc.
     
    Last edited: Feb 21, 2008
  5. PaddingtonsYellowArmy

    PaddingtonsYellowArmy First Team Captain

  6. UEA_Hornet

    UEA_Hornet First Team Captain

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