Market Leading Specialist Props Hire Business – Creative Industry Focus

Category: Entertainment and Event

Company Overview

This is a well-established, market-leading props hire business specialising in providing a wide range of high-quality props to the creative industries. In addition to its core props hire services, the company offers a range of complementary ancillary services that have become integral to its overall offering. Based in the London area, the business operates from purpose-built facilities that meet the needs of its diverse clientele.

History

The business has developed a strong reputation for its product knowledge and exceptional customer service, which has resulted in a high level of repeat business from clients within the creative industries. Over the years, it has consistently delivered reliable financial performance, maintaining a loyal customer base while adapting to the evolving needs of the sector.

Opportunity

The business is well-positioned for continued success, with a proven track record of strong financial performance and opportunities for growth. The owners are projecting an increase in sales in the current year, based on current trading activity. There is potential to expand its customer base further, diversify its product range, and enhance service offerings to meet growing demand within the creative industries. Additionally, the current owners are willing to stay on for a transition period to support a smooth handover.

Financials

• Revenue (YE June ’23): £680,000
• Adjusted EBITDA: Around £160,000
• Projected Revenue (YE June ’24): Expected to exceed £700,000
  The business has consistently maintained solid financial performance, with projections indicating growth in the current year.

Transition

The current owners are prepared to remain involved for a suitable transitional period following the sale, ensuring a smooth transition for new ownership.

Confidentiality:

Strict confidentiality maintained during the sale process.

NDA Required: Yes

Financing Options: Pre Approved finance available.

Contact Information:

• Business Broker: Sammie Hicks
• Broker’s Contact Information:
  07445 154185
  hello@dealmakr.io

Disclaimer:

• Information is for informational purposes only and subject to confidentiality agreements. All prospective buyers must sign an NDA before receiving detailed information.