High Profitable Audio Visual Staging And Events Company | | Undisclosed West Midlands | | WEST MIDLANDS Highly Profitable Audio Visual Staging And Events Company Prime Location Strong & loyal customer base including blue chip clients Extremely well established - good sales to profit ratio Business Only - £1,500,000 Including SAV REF 0029 AV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72701
ADVERT IMPRESSIONS : 8,031 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | ASKING PRICE: | £1500000 | ANNUAL RENT: | £37014 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | REF: 0029 AV
HIGHLY PROFITABLE AUDIO VISUAL STAGING AND EVENTS COMPANY
STRONG & LOYAL CUSTOMER BASE INCLUDING BLUE CHIP CLIENTS
EXTREMELY WELL ESTABLISHED - GOOD SALES TO PROFIT RATIO
MASSIVE POTENTIAL FOR GROWTH AND DEVELOPMENT
LOCATION
Perfect location on a premium and well maintained Business Park with easy access to the M5 & M42 in the
heart of the country.
HISTORY
The business has been established for 19 years.
REASON FOR SALE
Vendors lifestyle change due to recent marriage and plans to emigrate once the business is successfully
handed over.
WEST MIDLANDS:
BUSINESS ONLY: £1,500,000 INCLUDING SAV
SERVICES
Audio visual hire and technical
staging of events;
o Corporate
o Conferences
o Gala dinners
o Fashion shows
o Themed events
o Charity balls etc.
Full set and staging design service.
CUSTOMERS
Very loyal customer base including
blue chip companies, event
management companies, charities and
members of the public.
SUPPLIERS
Specialist freelance audio visual
technicians.
STAFF
Business is run by 5 full time
members of staff and 2 part timers.
TRADING HOURS
9am 5.30pm (Mon Fri)
FINANCIALS
2011:
o Turnover - £564,165.
o Gross Profit £275,041.
o Net Profit - £107, 972.
2010:
o Turnover - £689,857.
o Gross Profit - £353,530.
o Net Profit - £184,930.
2009:
o Turnover - £490,487.
o Gross Profit - £233,964.
o Net Profit - £94,363.
OVERHEADS
Staff £35,640 pa
Rates £14,808 pa
Rent £37,014 pa
Gas/Electricity £1,828 pa
Other £56,712 pa
Total £146,002 pa
PREMISES
Large modern warehouse and offices
circa 4,600 sq ft.
Office space with 10 work stations
and private office.
Kitchen.
4 separate toilet facilities.
Meeting/board room.
Workshop and full packed out
warehouse gas heating, red care
alarm and fire alarm.
EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
Included in asking price;
A warehouse full of high quality
projection.
Sound and lighting equipment.
Modular stage systems.
Themed props.
Sets and scenery.
High tech conferencing systems.
Warehouse racking.
Office furniture and fittings.
2 large vans.
Circa £500,000 worth of stock is including in
the asking price.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
STRENGTHS
Very strong and loyal client base.
Significant opportunities to expand the business.
Company has an envied reputation built over 19 years.
All companies assets are wholly owned.
Very profitable company with excellent history.
SCOPE
Grow existing client base (potential within existing resources).
Development and sale of revolutionary new conferencing technology, which has been
pioneered by this company and has not been marketed until 2012.
Development of franchiseable arm of the business (already in early development stage).
Development of venue support service.
VIEWINGS:
A non disclosure agreement will have to be signed and returned prior to any
further information and viewing. | | | | | | FOR SALE | | | | | REFERENCE: | 0029 AV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
