Prop Hire and Theming Business For Sale

Business description

Our client has been trading for seven years and has built an enviable reputation for quality and service. With over seventy stocked themes to choose from our clients customers are spoilt for choice for their themed event. Any challenging request can be catered for with scratch built backdrops should the need arise.
Predominantly corporate and hotel bookings our client has in excess of £50,000 of booked business for the summer months and a further £90,000 of anticipated repeat/new bookings based on inquiries/quotations.

In addition to referrals and repeat business our client has a fully functional website and marketing policy which produces a significant number of inquiries.

Our clients focus in recent years has been in the Midlands and South East areas, but there is significant scope to develop the client base from a wider geographical area. Also, the internet could be developed to further enhance the business.

A typical job for our client would require three staff for the prop picking, transporting and assembly. Retained staff who have been with our client for a number of years work on an hourly rate which varies depending on the location and time taken. Nevertheless with staff and transport costs taken into consideration there are excellent profit margins in this business. The real jewel in
this business is the stock that our client has built over the years and continually updates (approx 150,000). This is currently housed in a commercial lock up a short distance away on a leasehold basis and will be available to the perspective buyer should they require storage. Our client is reluctantly selling due to other business commitments and early viewing is recommended.
Ground Floor
Large commercial lock up
Racking/storage

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
ORIGINAL LENGTH: 10 years.
REMAINING: 3 years
RENT: £10,000per annum

Location:

This thriving business is located in Berkshire with excellent road links to the M4/M3, main line rail links to London and Heathrow airport a short distance away.

Although the current location has served our client well for a number of years as a home based business, it is fully relocateable providing suitable storage is available for the substantial prop/lighting and backdrop accessories our client has built up over the years.

Other information

Financing available:

SBS commercial properties Ltd.have a full finacial package available