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Profitable Event Lighting & Decor Business for Sale in Scunthorpe, Lincolnshire

Scunthorpe, Lincolnshire
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Successful Light up Letter Company for Sale Photo 1
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Successful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for SaleSuccessful Light up Letter Company for Sale
  • Status

    FOR SALE

  • Date Submitted:

    18/01/22

  • Advert ID

    289065

  • Freehold: Price on Application
  • Turnover: £50,000 (£962 Per week)
  • Net Profit: On request

Key Features

  • Attractive Business
  • Established Business
  • Home Based
  • Unique Business
  • Small Business

Business Details

Successful Light up Letter Company for Sale

About Ray of Light Letters. Ray of Light Letters is now in its sixth year of business, the company provides bespoke event lighting and décor in the form of large (5ft) light up letters, numbers, signs, and symbols. The lighting and decor are available for customers to hire or purchase, they make a great statement, provide an idyllic ambiance, and offer photo opportunities at special events such as weddings, corporate celebrations, birthdays, christenings, anniversaries etc. The company was originally founded in York and moved to North Linclnshire in 2018. Established in 2016, the company has seen signficant growth in turnover in the past six years. Fully Relocatable. Owner / Operator. Repeat Customer Base. Professional website and established social media. Annual Turnover - £50,000 Reason for Sale. Having grown the business over the past six years the owners have made the decision to sell Ray of Light Letters. The business has operated as a ‘side-hustle’ for the owners who have other employment and a young family. The company is now too big to continue managing alongside their other commitments. Ray of Light letters has significant untapped potential for anyone looking to run the business with time to invest in marketing and advertising. Unique features of Ray of Light Letters. · All the light up letters, numbers, signs and symbols are bespoke and have been individually handcrafted in-house. The lights are bigger than most of the light up letters on the market and come with more lights. · The light up letters are built to a higher quality and have greater aesthetic appeal than many other light up letters on the market. · Prior to purchase, all the light up letters will be fully refurbished. · Over 900 new LED lights will be included, each light has 50,000 hours illumination. · Ray of Light Letters have worked with and have contacts with some large, nationwide companies. The company has an excellent reputation for quality and service. · To date the business has been run as a ‘side-hustle’ and has been ‘ticking over’ with little investment in marketing and communications. Anyone with more time to invest in promoting the company could see significant growth. · The company is currently based in Scunthorpe, anyone looking to buy the company in a location near to a city will have greater opportunity for additional sales.
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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