Popcorn and Candy Floss Machine Hire Business. Ideal 2nd Income Lifestyle Business

Undisclosed, Hertfordshire

Status

FOR SALE

Date Submitted:

17/03/21

Advert ID

273960

Reference

SMSB/POPFLO / Rightbiz
Asking Price: £17,500
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

A lifestyle business providing candy floss, popcorn machine hire etc is being marketed for sale. It is a well established business, having served the Hertfordshire and surrounding areas for over 20 years.

The business operates from home, with the equipment comfortably fitting in a single garage. The vendor offers either machine hire only or also attends the function and runs the machine(s) on behalf of the client.

Customers include:

·         Schools – fetes, fairs, proms, cinema, class rewards

·         University fresher weeks

·         Corporate – exhibitions, promotions, team-building events

·         Domestic – weddings, birthday parties, bar mitzvah

The approximate sales split is candy floss (40%), popcorn (35%), slush drinks (20%) and ice cream (5%). All deliver high gross profit margins.

Over 50% of business is now repeat bookings while the balance are generated from recommendation. word of mouth or the website.

Included in the sale is the following equipment:

·         2 x Candy flow machine & cart (one nearly brand new)

·         2 x Popcorn machine & cart

·         2 x (two bowl) slush machine

·         Soft cornetto ice cream machine

·         Transit van

·         Machine Spares

The business is run on a lifestyle basis, with very little marketing carried out. Having run it for over 20 years the vendor now favours free time over additional bookings and therefore prefers to run the business in ‘tick over’ mode, with annual sales typically £16k to £18k. There are therefore significant growth opportunities should the purchaser wish to devote more time to the business.

The guide price for assets and goodwill is £17,500 to include the equipment listed above plus website, domain name and supplier & customer databases. The vendor will provide assistance in handover, supporting the first 3 events following the sale.

The business is being marketed by www.sellmysmallbusiness.co.uk and enquiries should be addressed to them. Please do not contact the vendor direct.

Key Features
  • Home Based
  • Established Business
  • Attractive Business
  • Small Business
Contact Agent
Agent Name:
Advert Reference:
SMSB/POPFLO / Rightbiz
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