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.


Other information

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

Business Operation

Years established: 2001
Employees: There are currently 6 full time staff. Casual staff are also available to the new owner to man larger events.
Reasons for selling: The current owner is looking to pursue other interests and is at a stage where semi-retirement is an attractive proposition.
Competition / Market: The business has successfully embraced online marketing and has a pro-active approach.
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.

Property information

Lease terms: Rent: approx. £13,200 per annum
Property: Leasehold
Price:
£500,000
Cash flow:
Available on request
Revenue:
£455,000
Seller financial available: N/A
Work from home: N/A
Franchise: No
Year established: 2001
Employees: There are currently 6 full time staff. Casual staff are also available to the new owner to man larger events.
Date: Thu 20 Jan 2011

Listing Expired!

Category: Service Businesses
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