Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a business only basis) a well-respected and popular weddings and events business.
Crackin Events has been under the careful and meticulous ownership of our client for a number of years, building up an enviable reputation within the local area and further afield, and is a true testament to the hard work and dedication from the current owners, resulting in the high calibre of business on offer. The business is now being offered for sale due to our client’s other business interests and they are keen to see the business pass to someone with the same drive and enthusiasm to take it to the next level.
The business specialises in adding the finishing touch to weddings, birthday parties and corporate events supplying the likes of photo booths, selfie post boxes, wedding décor, Prosecco & cocktail carts, candy cart, lighting, backdrops and much more. The business is a growing yet successful business with potential to become a market leader and currently has £51,000 worth of bookings between ---------, £36,000 of which is currently on the books for 2023.The business benefits from late lead bookings with most pickup 4-5 months prior to the client’s event. They are also known by other companies and benefit from their overfill and unfulfillable orders. All bookings are entered on to their CRM system and managed according to the business processes including 4-week final detail calls. Due to the level of service received by clients it has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, along with further promotion of the dedicated and attending wedding fairs.
This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive potential income stream.
The business has alot of UPS, and a new buyer could easily expand some of the following to take the business to the next level -
Finalist for 2 awards
Your Scottish Wedding Awards (Equipment Hire)
Official Scottish Wedding Awards (Event Decorators of the year)
Business is well established and constantly is taking bookings
Bookings on the books between 2023 and 2025 is £51,000 (Contracted)
Payments due between 2023 > Dec 2025 totalling over £36,000
Most equipment custom built/unique
Business can be relocated to another area
Only 5* reviews on facebook
Established booking system, what can be transferred over
Established facebook and website what can be transferred over
Alot of growth ideas like Dancefloors, Mobile bars, DJ sets to name a few
Work with independent hotels up to large venues including Trump Turnberry, Hilton, IHG etc
A tremendous opportunity to own this well-established and popular business, with the current owner happy to offer a hand over period. Early enquiries are highly recommended to avoid disappointment.
Due to the nature of the business, it trades all year round.
Financial Profile
N/A as it's an asset based valuation.
