ID : 39942

Long Established Event Hire Business Near Newark For Sale

£15,100.00

 (Fixed)

Description

Type : Sell
Warranty : No
Location : Newark, Nottinghamshire, UK

Event Hire Company – This business would compliment an existing wedding/party planning business.

FOR SALE – EXCELLENT LOW COST/NO RISK BUSINESS OPPORTUNITY

This is a unique opportunity to purchase a small long established and profitable hire business. Based near Newark in Nottinghamshire, and run from a unit at home (not included in the sale) this family run business has a highly successful 18 year plus heritage and comes to the market due to a change in personal circumstances.

This hire company operates mainly in Nottinghamshire, Lincolnshire, Yorkshire and Derbyshire in the high demand party/wedding business. Working with marquee companies, venues, individual clients and caterers to provide crockery, glassware, cutlery and linen for private hire. Also offering a delivery, set up, clear away and washing up service.

The sale includes all stock – which includes extensive crockery, cutlery, glassware and linen as well as liveried delivery van, website, phone number and extensive good will built up over many years. The stock being low maintenance with no electrical items.

The business has room for considerable expansion and increase in profits, especially around Nottinghamshire and Lincolnshire area.

The company has not been able to expand and make the most of the current market place, due to the current owner’s other commitments.

We are advised that to purchase the stock alone as new would require an investment of circa £40k. The business is currently valued at £45k but due to personal circumstances any offers around £15k (includes a small existing order book for 2018) would be considered for a quick sale as the present owner is now working full time with another venture.

Turn over between £25k & £30k – this based on a historic PART TIME COMMITMENT.

Net Profit – available on request.

 

 

Location

Newark, Nottinghamshire, UK
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