High End Corporate Marquee Hire Business For Sale

Business description

Established four years ago this business has shown truly impressive growth and has positioned itself firmly at the higher end of the corporate premium service, now being the supplier of choice of over one hundred corporate and event managers. They also cater to the more discerning and affluent end of those requiring marquee hire for private parties and functions, specialising in weddings etc.

They have achieved this presence and reputation by supplying only high quality equipment that is constantly checked and replaced when necessary, combined with a speedy, reliable and trustworthy response to all orders and client needs. They are able to supply marquees to any length with over 2 Kms of marquees that are all fully interconnectable, as well as supplying lighting, staging, linings, floors, dance floors and furniture, again all of high quality. It is the exacting standards they work to that sets them so far apart from many other suppliers and has enabled them to achieve the position they have in such a short space of time.

Marquees provide the kind of imaginative flexibility rarely found in other venues. The marquee can be configured in any length or shape, or multiple marquees can be setup in any arrangement desired, for example for weddings there could be one setting for the ceremony, and another for the reception, or one long marquee used for all elements of the ceremony.

A marquee means more choice: in the grounds of an historic home or garden, as an extension to a church or hotel, or in a home or back garden - where dancing can be until dawn, or at least until the champagne runs out!

Staging any important corporate event can be a worry, but this company can provide an instant temporary venue for exhibitions, showrooms, function suites and corporate parties. They have the experience to help plan unique and important events and make them a success.

All of the high quality equipment is included and there are several on going orders in the forward order book, making this not only highly lucrative and profitable but also a complete turnkey operation for a new owner to step straight into.

Property information

Property:

Leasehold

Lease terms:

They are leased on a 6 month rolling lease and consist of a warehouse set in 0.6 acre of rural land with mezzanine offices above and plenty of parking to take Cars, Lorries and Vans etc.

Rent is £28,000 per annum with approximately £6,000 per annum payable for business rates.

Location:

The business is fully re-locatable however there are premises available with the business if required. They are leased on a 6 month rolling lease and consist of a warehouse set in 0.6 acre of rural land with mezzanine offices above and plenty of parking to take Cars, Lorries and Vans etc.

Rent is £28,000 per annum with approximately £6,000 per annum payable for business rates.

Other information

Expansion potential:

The owners understand that the business is recognised for its quality of product, brand and choice and has been able to establish itself and capture a significant market share in a highly competitive environment. More assertive marketing and brand investment, could acquire an even larger slice of the market to build this excellent business into an even bigger cash earner.

The current market for this business’s service is stable and is forecast in the longer term for significant growth, as proved currently by levels of high demand. The business is well positioned to take maximum advantage of this growth as it occurs. Furthermore because of the market sector served and the affluence of the area in which they are located, this business is less likely than most to suffer from any adverse financial market conditions.
This business offers an excellent opportunity for the successful buyer who is seeking a well-established business with the capacity to increase turnover, possibly expanding into other satellite locations and developing new regional markets.

Competition / Market:

The business has used very little advertising in the past, so there are excellent opportunities to increase this activity, develop the brand perhaps through media sales and marketing the business more aggressively to significantly increase turnover. There is currently a website but more work in this area would also undoubtedly increase turnover and subsequent profits. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Support & training:

The current owners will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The business is for sale as a result of the vendors intention to move abroad and live where they have other opportunities and partial retirement.