• Established 14 years and still growing
• Can easily be traded at current levels due to repeat business
• Considerable scope for expansion in the right hands
• Can be relocated
A profitable and established party and events company uniquely positioned to take advantage of an affluent and growing location with a great deal of scope for growth under new owners.
The business was established nearly 14 years ago by the present owner, who runs it on his own with just occasional help but during this time the business has established an excellent word of mouth reputation that results in a constant stream of leads being generated without a need for marketing.
Due to time constraints the owner turns away a good number of requests for bookings and so the business is positioned strongly for an upturn under a new owner / owners with more manpower available.
Sales in the most recent accounts were £73,975 with an enviable profit margin of 84% and an adjusted net profit to the owner of £35,000 per annum.
Rent level currently payable is a bargain at just £600 p.m. advised (with no rates) but the business could easily be relocated if desired.
Only available for sale due to the owner wishing to move on to other activities, and after 14 profitable and successful years, this superb business comes highly recommended and must be viewed to be appreciated!
A buyer can take over the existing premises (on monthly licence) or relocate.
Price to include all equipment (at original cost of more than £60,000) now reduced to £85,000. Reference M31426B www.emfgroup.com
Is this business relocatable: Yes
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