Category: Event Management and Rental
This family-owned Group has been a leading provider of marquee hire and event solutions for over 15 years. Specializing in the rental, setup, and dismantling of large marquees and temporary structures, the Group serves a wide range of clients, including universities, corporate events, festivals, sporting venues, and private parties. The business operates across the UK, with around 3,000 square meters of well-maintained stock and the flexibility to hire additional equipment as needed.
Established in 2008, the Group has grown organically by providing high-quality structures and services to a variety of sectors. Known for its reliability and strong client relationships, the Group boasts a 70% repeat booking rate. With robust management systems in place, the business has maintained consistent financial performance, with strong margins driven by repeat and referral business.
Despite high demand and a full order book during peak seasons, the Group has never engaged in an active sales drive, presenting significant opportunities for growth. There is potential to expand through targeted marketing, increased web presence, and social media campaigns. The Group also turns away clients due to resource limitations, indicating further room for expansion. A dedicated sales team could help unlock additional revenue streams and attract new customers.
The Group operates from rented office and storage facilities located near a main motorway corridor in the North of England, offering easy access to clients across the country. These premises are leased on short-term agreements, and the Director believes that relocation would be feasible without disruption.
The Group has a dedicated management team of four permanent staff, supplemented by a pool of seasonal employees for larger contracts. The owner is willing to stay on for a reasonable period to assist with a smooth handover, and the management team is capable of running day-to-day operations.
The Director is seeking offers for 100% of the share capital as part of a retirement sale. This business presents a rare opportunity for an investor or an existing operator in the events sector to acquire a well-established and profitable business with significant growth potential.
Confidentiality:
Strict confidentiality maintained during the sale process.
NDA Required: Yes
Financing Options: Pre Approved finance available.
Contact Information:
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*This listing has pre approved finance of: £726000
Profit: £242000
Turnover: £440000