This marquee hire business mostly operates within the events industry. The business focusses on repeat bookings by targeting annual shows and recurring events. When previously analysed, 94% of turnover was generated by returning customers, who have dealt with the business for an average of 12 years.
The business supports events, corporate dinners, festivals and large agricultural shows with occasional private work from an extensive stock of marquees and associated equipment. The entire planning, pre-event build, after show dismantling is handled by the business with customers trusting them implicitly with every aspect.
Only the highest quality frames and canvases are used with regular investments made (avg. £100k p.a.) to maintain it.
The business has strong, efficient processes, allowing the senior team to run the business without the owner.
Our clients now wish to focus on their property interests and have decided to seek a buyer for this highly profitable and cash generative business.
Opportunity
As a significant regional player this business represents a great opportunity for an ambitious competitor to build a strong foothold in the North West.
Next Steps
Please register your interest by making your enquiry now.
Key features:
- Events market focus
- Generating over 90% repeat business
- Average client relationship 12 years
- Second tier management in place
- Large stock of high quality marquees and equipment
