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Successful Wedding Business In Bridgwater For Sale

Bridgwater, Somerset
Asking Price:
£40,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£80,000
Net Profit:
£60,000

A rare opportunity to acquire a very successful and highly regarded wedding company. All inventory is currently in Somerset, but the business can be relocated easily to anywhere in the UK

* 4 years accounts with clear profit of around £60,000 per annum on turnover of £80,000 per annum.
* 100% 5* rating on Facebook from 3 years of reviews.
* Ranks well in Google. Easily relocated elsewhere with simple alterations to the SEO.
* Website generates 1 enquiries per day. Weekly booking enquiries and viewing requests for 2019 & 2020. Can easily sell out 18-20 dates per year should you wish.
* Perfect time of year to buy - Majority of bookings are made NOW - between November and February
* Fantastic opportunity to acquire a well-loved asset with great reputation.
* Genuine reason for sale - owner moving overseas

Inventory Overview- What's included?

All inventory has been stock checked Dec 2018. There is literally EVERYTHING SINGLE THING you need to operate - it is a wedding company in a box! All stock has been well cared for and packed away at the end of the season to the high standards we expect. Concept is for the marquee to remain in the same location for 22 weeks of the Summer season.

Access to dropbox folder of dozens of raw inventory photos available to genuinely interested buyers.

* Traditional canvas marquee, 60’ x 40’ with two internal king poles (21’), & ridge pole, all external iron pegs plus spares, wall poles (all poles painted white), ropes, canvas hats (to top the poles).
* All tools & consumables required for erection & maintenance
* Internal coconut floor matting
* Maple-wood parquet dance floor
* 26 rustic wooden trestle tables, all sanded back and treated/sealed
* 150 wooden folding chairs (approx. 20 in need of TLC)
* Electrical distribution board, adaptors, extensions
* 100's of meters of external and internal festoon lighting with bulbs
* PA system for speeches
* Pro Audio system & disco equipment for band or disco/playlist (can also be hired out as a standalone income) - see full inventory
* 2 x Modern Catering / storage tents
* Double stainless catering sink with plumbing
* Catering tables
* Contractor lighting
* Fire & Safety equipment
* Huge inventory of modern and vintage decor items - see full inventory
* All packaged neatly in a 20ft Shipping container in VGC
* Folder of licenses, guides, legislation, booking, T+Cs, sales documents etc. for reference
* Company name, copyright & goodwill, testimonials
* Professional photographs of many of the previous weddings hosted
* Professional website with good search engine presence, domain name, web hosting (1 year) marketing literature, Facebook, Instagram, Pinterest. Support from professional Bristol-based digital agency.
* 4 years of accounts showing trading history turnover of approx. £80,000 pa and clear profit of £60,000 pa

Full Inventory
Contact seller to view a PDF of all inventory that is included. Thank you.

Please note: the business is for sale as a whole and as a going concern. Parts of the inventory are not for sale separately, thank you.

There is no forward book, this has been deliberate - we don't want to disappoint people and have to give refunds, however we have been managing and replying to all enquiries, the business is currently running.

Questions, genuine enquiries and sensible offers welcomed (we are keen to sell soon due to relocation).

Thank you for your interest.

Property information

Property:

Freehold

Location:

The business is well suited to being located in a farm, field, paddock, grounds/ gardens of large house, orchard or similar

Business Operation

Expansion Potential:

We believe a higher cost per event could be charged in future, and the current asking price is less than 1x Summers worth of revenue

Reasons for selling:

Don't have the time or resources to run this business to its large potential, alongside 2 other businesses.

Trading hours:

Suited to May - September

Employees:
0
Years established:
7

Other Information

Support & training:

Advice and support given. Ongoing marketing advice can be supplied through one of our sister companies.

Inventory / Stock value:
£50,000 - included in the asking price
Website:
Login or register to view link
Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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