Marquee, catering equipment and furniture hire
Location : Wiltshire
Asking Price : £399,000
Turnover : £468,000
Net Profit : Undeclared
Gross Profit : £269,000
EBITDA : £131,889
Net Asset : Undeclared
Premises : Not Included
Confidentially offered for sale
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a marquee, catering equipment and furniture hire company.
The business has the following key attributes:
• Well-established and longstanding marquee hire and catering equipment and furniture hire business.
• Private and corporate client customer base.
• Huge breadth and depth of high quality stock – capability to service several events simultaneously.
• Preferred supplier status for several local venues.
• Between 150 and 200 events covered every year.
• Strong forward order book stretching up to one year ahead.
• Excellent reputation for very high levels of personal, friendly and professional customer service.
• Substantial growth and expansion opportunities.
The business provides an acquirer with:
• an ideal bolt on for a company already operating in the marquee, catering equipment and furniture hire sector
• an excellent starter opportunity for an individual or organisation looking to establish a foothold within the hospitality sector.
For the financial year ending October 2016, the business generated turnover slightly in excess of £468,000 with gross profits of almost £269,000. Adjusted EBITDA, before Director’s costs was £131,889.
The Asking price of £399,000 is for the sale of the Goodwill and assets of this business. Stock value is c£400,000.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
All enquiries or requests for additional information should be submitted or directed to Turner Butler, telephone Head Office: 01895 256000.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at firstname.lastname@example.orgTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
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