Intelligent Business Transfer are delighted to offer to the market this superb opportunity to purchase an established marquee hire company in Suffolk.
The business has been established since 1990 and has experienced financial growth on an annual basis since then. The company supplies marquees for a range of different clients for events such as weddings, corporate team building days and exhibitions.
The business has built a great reputation in their industry and community, which has resulted in impressive financial figures. The company’s impressive financial figures have been generated by a vast amount of repeat custom and a reputation for excellent service.
The turnover for the business last year was £442,065, with an impressive net profit figure of £100,859. These figures have been achieved with limited resources and would show a greater net profit figure if the owner ran the business and did not employ a manager.
These financial figures could be improved significantly if a potential buyer were to increase the advertising of the business. A potential buyer could employ a sales team to generate more business and use social media sites to attract new clients.
It is with a heavy heart that the current owner is selling the business due to personal reasons. This business would suit an entrepreneur or larger company looking for a bolt on acquisition.
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