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Very Successful Wedding & Event Venue Styling Franchise For Sale

Lancashire
Asking Price:
£64,995
Turnover:
£70,000
Net Profit:
Under £50K

Business Description
The franchise is located in Lancashire and is offered on a relocatable basis within Lancs and can be run from home. The business specialises in providing luxury table linen, chair covers, fairylight backdrops and other venue dressing items for weddings, special events & corporate events. Bookings either come from the wedding venues or directly through brides & grooms or corporate clients. Franchisees are also sent qualified, territory-specific private enquiries via the award winning website, which runs alongside well built up social media sites.

There are no specific opening hours, which makes the business model incredibly flexible. There are currently bookings in the diary for every week in 2018, with the peak times being spring and summer. Deposits are taken upon booking, making it a business that operates and pays all year round.

The franchise was bought and set up in 2011 and has achieved year on year growth ever since. The last tax year saw a turnover of over £70k with a healthy profit and this is set to continue for 2018/19. The business has agreements or is recommended by hotels/wedding venues in the local area and completed over 300 confirmed bookings in 2017 with another 200 already confirmed for 2018, and bookings also in the diary for 2019/20.

The flexible franchise model operates within a defined geographical territory with plenty of scope for growth in the future, on top of the existing business. The franchise is for the Lancashire territory, which has been running out of a commercial unit for the 2 years but up until that point was run from home and the flexibility to do so again is still there.

The Opportunity
The business has an impressive history which includes a substantial turnover with further growth anticipated and high retained profits. There are possibilities to expand the business by working with more hotels within the area and carrying out further advertising. Stock is valued at £30,000. A full handover will be provided.

Please feel free to get in contact with any enquiries.

Property information

Property:

Leasehold

Leasehold Rent:

£5,400 per annum

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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