Leisure And Party Equipment Hire Plus Corporate Entertainment For Sale

Business description

Leisure and Party Equipment Hire Plus Corporate Entertainment
Nationwide Coverage

Established in 2001, this business specialises in the hire of Leisure and Party Equipment, providing equipment for Corporate Events. Although currently based in Southern England, this business provides a service across the whole of the U.K. and occasionally in Ireland.

The business has grown on the back of its strong reputation for delivering quality equipment, achieving high levels of customer satisfaction and a regular level of repeat business and new referrals for both corporate and private parties and events. This business is very professionally run.

Key Strengths:

This business benefits from a software system that ensures that both profits and turnover are maximized. The office and event staff provide a superior service and the wide range of equipment supplied ensures that most requests can be delivered.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Leasehold

Lease terms:

Rent: approx. £13,200 per annum

Location:

Circa 6000 sq.foot warehouse available on short notice ongoing basis
Rent: approx. £13,200 per annum

Business Operation

Expansion potential:

This business has the potential to expand further by hiring more staff to meet the huge demand, particularly during the summer months. There is also an obvious opportunity to provide the service to more schools and councils. At present all enquiries are generated through limited online marketing. A sales resource and a more diverse marketing plan would move the business up again to another level.

Competition / Market:

The business has successfully embraced online marketing and has a pro-active approach.

Reasons for selling:

The current owner is looking to pursue other interests and is at a stage where semi-retirement is an attractive proposition.

Trading hours:

Office hours are Monday-Friday 9.00 am -5.00 pm
On site-Weekends and most evenings throughout the summer.

Employees:

There are currently 6 full time staff. Casual staff are also available to the new owner to man larger events.

Years established:

2001

Other information

Support & training:

The owner of the business is happy to provide support and training during the handover.