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Marquee Hire And Wedding And Events Planning Business For Sale

United Kingdom
Asking Price:
£825,000 Inventory / Stock included
Turnover:
£935,000
Net Profit:
£162,000

Successful privately owned Marquee Hire business in the South of England. The business has been under the current ownership for over 15 years. The business has grown steadily year on year during that time to reach a turnover of £ 935,000.00 in 2018. As such 2019 and 2020 are on course to follow that trend.

The extensive inventory covers every requirement for the complete design and build of a huge range of tastes and styles, including all furniture, lighting, bars and any finishing touches that may be required.

The company has built a reputation as the go to service for weddings and corporate events.

A full operational & administrative team of wedding and events planners, sales and admin, site foremen, electricians and builders all overseen by a General Manager means minimal input required by potential purchasers.

The business includes a well-maintained fleet of relevant lorries and Vans.

Recognised for its excellent all round service and flexibility it has a profile far above its local competitors and strong potential for significant growth.

If interested please contact the seller through the form on this page.

Property information

Location:

Undisclosed until confidentiality agreement signed

Premises Details:

n/a

Business Operation

Expansion Potential:

With the inventory and reputation there is definite potential for expansion and reallocation. There are also a number of high profile clients associated with the business.

Competition / Market:

There are a number of Marquee hire businesses in the south of England, but none with as extensive an inventory. This business is the market leader in the region and recognised as such, more of which on signing the confidentiality agreement.

Reasons for selling:

Retirement from industry.

Employees:
7 full time and 2 part time plus a large seasonal work force, many of whom return yearly.
Years established:
15

Other Information

Support & training:

This is negotiable but up to 3 months initial hand over if required.

Inventory / Stock value:
£1,079,000 - included in the asking price
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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