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the UK marketplace for company sales

Marquee / pagoda & catering equipment hire

Reference
S7320
Turnover
Less than £0.5m
Sector(s)
Business services, Leisure, Miscellaneous, Service industries, Tourism
Region(s)
London, South West England, Wales, UK Wide
Added
12 November 2020

Business description

An established Marquee/Pagoda & Catering Equipment Hire company for sale :

In short: Asset and goodwill sale. Gain new customers in a lucrative trading area. Increase your portfolio. Make money. Growth.

An independent and well-established marquee and catering equipment hire company for sale. Trading as a Limited company this 40-year old operation has an excellent reputation and is offered for sale on an assets and goodwill basis.

Assets and hire equipment include an extensive range of marquees, glassware, crockery, catering equipment, furniture, heating and lighting. The company prides itself on its ability to deliver customer satisfaction to exacting levels, as shown by the high levels of repeat custom it enjoys.

Contact us to receive the Information Memorandum and Asset Inventory for this opportunity.


Why selling

A sale has been instructed to allow one of the Vendors to retire and the other to return to their previous career. A handover, where appropriate, will be available, subject to agreed terms.


Why the business could be interesting for you:

-          Profitable.

-          Debt free.

-          Cash generative.

-          124+ customers.

-          Repeat business.

-          Term contracts.

-          Relocatable.

-          Not reliant on any key customer.

-          Low overheads and cash generative.

-          Established and proven (40 years).

-          Turnkey operation.

-          Reactive/Under marketed.

-          Extensive hire portfolio.

-          Diversified customer base.

-          Turnover £415k+

-          Assets of £222,970.

-          Adjusted Net Profit £52,139 (2020)

-          PRICE: Offers Invited (Asset & goodwill sale.)

Further opportunities:

-  Gain revenue by expanding the geographic territories and sectors your service.

-  Increase social media presence/activity to generate further leads and coverage.

-  Boost advertising spend across marketing channels.

-  Launch a concerted proactive sales and marketing campaign to accelerate more sales.

-  Add Line extensions or new products to raise sales to new customers.

If this looks of interest, please contact us. We will forward you a company summary together with our Non-Disclosure Agreement (NDA) / confidentiality undertaking for completion, signature and return.


Please Note:  If your enquiry is on behalf of a client, we will need the client to sign the NDA.

Private Investors: We will need to see proof of ability to fund a deal before we can release further details.


Upon receipt of our Confidentiality Undertaking in hard copy form – either by POST or scanned copy by email – and following approval by our client, we would be happy to discuss further more detailed information.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2010 (Actual) 0 0
2016 (Actual) 435,826 0
2017 (Actual) 418,994 0
2018 (Actual) 373,684 0
2019 (Actual) 358,104 0
2020 (Actual) 414,005 0

Reason for sale

Following the death of one of the Vendors a few years ago, a sale has been instructed to allow one of the Vendors to retire and the other to return to their previous career. A handover, where appropriate, will be available, subject to agreed terms.

Contacting the person who posted this opportunity

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All the information available to us for this opportunity is shown above. We do not have any additional information.

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