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CO094-Complete Event Hire

Asking Price: GBP 250000
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Business Location: United Kingdom » City of London » East London 
Category: Services » Miscellaneous Services
Description:
Complete Event Hire

Ref.CO094
Location East London
Asking Price £ 250,000
This business specialises in complete function hire of conference and event equipment including all visual and audio equipment plus tables, chairs, crockery, glasses, cutlery, lighting, DJ gear and dance floors. The extensive range of equipment available for hire includes anything from a table spoon to everything required to stage a complete fashion show.

Formed with expertise and knowledge of the industry’s needs, this business provides professional equipment to high profile companies, including the Olympic organisers, councils, corporate events and concerts.

The business was established in 2001 by the current owner who has a wealth of knowledge in the industry. Since inception the business has rapidly grown and built a presence in this specialist and niche marketplace. The business sustains a high ranking web position that is second to none and will offer a one year guarantee to maintain this first class search engine position.

The company’s specialist hire teams have in-depth knowledge and have formed excellent relationships with both customers’ and suppliers. The established corporate customer base generates regular repeat business and is testimony to the business’s reputation for quality installation and reliability of service, which gives a definitive competitive advantage. It is this attention to detail that ensures the continued growth and profitability of this excellent business.

This business is a first class opportunity to acquire a company that offers a complete solution within the event hire marketplace with established commercial and domestic accounts throughout the UK.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2001
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
 The current owner will be re-locating to the USA following the sale of the business.
Market competition and expansion:
 The business has used little advertising in the past, so there are excellent opportunities to increase this activity, developing the media exposure and increasing sales and marketing more aggressively, to significantly increase turnover.
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