Marquee Hire Company with UK Coverage Available for Sale
Undisclosed, Lancashire
- Status
FOR SALE
- Advert ID
649607
- Reference
1519dPD / Rightbiz
- Call Agent:
- Leasehold: Offers Invited
- Turnover: £948,000 (£18,231 per week)
- Profit: £229,998
Business Details
Marquee Hire Company UK coverage
This marquee hire business mostly operates within the events industry. The business focusses on repeat bookings by targeting annual shows and recurring events. When previously analysed, 94% of turnover was generated by returning customers, who have dealt with the business for an average of 12 years.
The business supports events, corporate dinners, festivals and large agricultural shows with occasional private work from an extensive stock of marquees and associated equipment. The entire planning, pre-event build, after show dismantling is handled by the business with customers trusting them implicitly with every aspect.
Only the highest quality frames and canvases are used with regular investments made (avg. £100k p.a.) to maintain it.
The business has strong, efficient processes, allowing the senior team to run the business without the owner.
Our clients now wish to focus on their property interests and have decided to seek a buyer for this highly profitable and cash generative business.
Opportunity
As a significant regional player this business represents a great opportunity for an ambitious competitor to build a strong foothold in the North West.
Next Steps
Please register your interest by making your enquiry now.
- Events market focus
- Generating over 90% repeat business
- Average client relationship 12 years
- Second tier management in place
- Large stock of high quality marquees and equipment
Contact Agent
Listing Statistics
Advert Statistics Graph
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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.
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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