Marquee Hire For Sale

Business description

Key Points:
First class reputation for quality
Much repeat custom with £100K already booked for 2008
Efficient procedures & administration
50% Corporate 50% Private
Excellent location and premises
Relocatable
Turnover £225K with profits of £100K

Price:
Offers in excess of £200,0000

Business Activities:
The business has steadily grown since 2003 to become a highly regarded hirer of quality marquees. The clientbase has grown to include both corporate and private clients (50/50) with no client representing more than 5% of turnover. The current owner has bought a level of professionalism that is not often seen in the Marquee hire industry, this has earned the business a stunning reputation for providing not only a quality product, but also a quality service. The business represents an exciting opportunity for an individual looking to purchase a profitable business in a highly enjoyable and rewarding sector or for an existing marquee business to buy into the benefits of a quality hirer with an excellent reputation and a strong pipeline of future contracts.

The business operates from a 5,000 sq ft Industrial Unit that is in excellent order with potential to increase turnover from the site. Alternatively the premises is rented on flexible terms should a purchaser want to relocate to a different site. Work is undertaken throughout the south east with the majority of turnover generated from the southern home counties. Clients include Councils, Private Schools, Corporates and private individuals with much repeat custom generated year on year.

The business generates the majority of business through repeat custom, referral and recommendation however more recently the businesses website and yellow pages has proved to be a good source of new enquiries. The business rarely discounts and all quotations and order acknowledgements are itemised in detail (many with layout drawings). The business uses a recognised marquee software system.

Cash flow is excellent with 25% deposits taken with an order and the balance paid before the event, Corporate clients pay 30 days net after the event. The average job is between £3K-£4K. Labour is highly organised and is all part time with a nucleus of experienced operatives supplemented by students in the summer period.

The business has an impressive range of quality equipment for hire that includes 3, 6, 9 & 12 Metre wide Roeder equipment.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Property information

Property:

Leasehold