Business for Sale in Kent MARQUEE HIRE BUSINESS IN KENT (SOLD)

Key Information

Reference

M30804Z

Tenure

Relocatable - Regionally

Status

Sold

Region

Kent

Sector

Marquee Hire Companies

Accommodation

No

Business Information

This is a successful marquee hire company which has been in operation for over 15 years with established corporate clients and many private customers. Supplying to annual events, private functions and weddings, the business offers a complete service including advice, layout design, erection and interior furnishings. The internal fit-out includes linings, floor coverings, dance floor, staging, lighting, tables and chairs.

The business is run by the owner with assistance from additional temporary staff as and when required. Currently run from the owner's home, events are all within the local area which includes Canterbury, Deal and the Thanet peninsula. All equipment is stored at a spacious 1800sqft brick-built barn which is ideal for the purpose. New owners have the option to continue leasing this property at a rent of £300pcm or may decide to relocate to alternative premises.

We are advised that total income for 2012 was approximately £65,000, and that confirmed bookings for 2013 are already in excess of £28,000. We understand that a working owner could expect to achieve a net profit in the region of £35,000 per annum based on the current level of business. The sale includes all marquees and associated internal furnishings & equipment together with a Luton Van. We are advised that the current value of the marquees, furnishings and equipment is in the region of £50,000 - £60,000.

This really is a ready-made business opportunity at a very fair price considering the value of the marquees and other equipment which are all included in the sale. New owners will benefit from the longstanding reputation of the business which brings many repeat bookings and word-of-mouth recommendations. Perhaps with more active marketing and the introduction of a new website, there would be great potential for further development of the business. To own and run this business, no previous experience is necessary and the current owner will be pleased to offer handover training and support if required.

Ref: M30804Z Leasehold £70,000