Party like it’s 2019! 35-year-old Event and Marquee Hire Business - Melbourne
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS9843
Profit to Working Owner $150,000. Sale Price $188,000 plus Inventory ($350,000)
An opportunity awaits for you to purchase this highly regarded business in the marquee and events hire industry in operation since 1987 (est.).
The business has been with the present owner for nine years, being the 4th. It has traded consistently over this time, with loads of potential to grow in the future, especially when events and celebrations are back in full swing.
The business now has a large level of repeat cliental, focused on constantly increasing its annual growth. In addition to private functions, it has grown its exposure and client base to the corporate and school sectors, now regularly working with several event management companies, including a long association with a major Melbourne event.
In addition, during the current situation in Victoria, it has also diversified into hiring out marquees to be used as medical testing stations.
-An excellent reputation for providing professional service
-The “Events Supply Rental industry is projected to rebound in 2020-21” (Ibisworld)
-Installation of equipment cannot be replaced by digital disruption
-All equipment required including marquees, tables, chairs, crockery, cutlery, lighting, glassware, linen and catering equipment.
-3 vehicles (included) – two with signage
-Client base with regular repeat business
-Long proven history
-Great location with a long-term lease and easy access to freeways/station
-Well presented website
-Momentum starts in the good weather – be there ready – people love to celebrate
The present owner is committed to a smooth transition of ownership, offering full training to the new owner after settlement. Use this downtime to learn all about the business, in readiness for the time when
celebrations can be scheduled again.
This business will suit either
-A first-time business owner/partners or
-An owner who is in the industry or is complementary to it, looking to expand their current operation.
Asking Price: $188,000 plus Inventory ($350,000)