Southern England Set Design Installation For Cookery Events Tv Productions For Sale

Specialist company for set design & installation for cookery events and TV productions

This business was set up by the vendors over 20 years ago and has grown in that time to become well established and profitable. The business specialises in the promotion, management and logistics of cooking events, featuring some of the best known TV celebrity chefs in the UK.

All of the necessary equipment including vehicles, staging, facilities and AV are safely stored in large temperature controlled units and managed by the use of a comprehensive inventory management system that accounts for all articles of equipment and is especially crucial during the busiest periods of the year.

The business has also invested in the design and manufacture of its own seating and staging areas for events, which can always be amended as time passes and remain on-trend for futureevents. This is accomplished using the business’ own workshop, which is located on one of the two sites that the business trades from.

Events are staged all over the UK and this business has come to be relied upon by TV production professionals for its efficiency and professionalism.

The services are backed by a roster of highly reliable employees, who are well motivated and back-up all of the reliability and trust claims that the Vendor relies upon when dealing with clients and their time-critical performances.

The business is very sucessful and highlights include:

• Loyal long term clients

• The business has been around for over 20 years and is a solid repeatable business opportunity

• The business has untapped potential and is highly scalable

• Competitive pricing

• Solutions to complex requirements

• Very strong referral rates among clients

The business is managed by the Vendor who has implemented a very efficient management system for detailing the terms of each day’s and week’s jobs to staff. Staff and contractors are fully conversant with the business’ techniques and methodology and are more than capable of enabling a new owner to successfully maintain continuity of trading.

Equipment:

The business has a comprehensive stock of equipment and facilities; a full list is available by request.

Customer Service:

The vendor has implemented a successful & highly professional system for managing clients and jobs. This is evident in the very high levels of repeat business the company enjoys and the fact it does not need to advertise.

Key Strengths:

The business has many strengths including

• Enviable reputation in the sector that it serves

• Embedded customer base

• Exceptional levels of service

• Highly reliable staff

• The business is unreliant upon the Vendor

• Equipment stock is comprehensive

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover: c. £898,000 per annum (2018 accounts)

Adjusted EBIT: c. £148,000 (before Directors’ drawings)

Gross profit: c. £331,000

Net Assets c.£168,000