Two complementary businesses operating under the same ownership: one servicing the end user, the other providing a much needed service to sector suppliers.
The main business has built a reputation as a premier supplier to the events market offering marquee and associated equipment hire, to a regular and dependable customer base.
The second business provides a niche service needed by suppliers in this marketplace. It also brings seasonal balancing to the overall revenue streams.
South of England
Potential benefits to the acquirer:
• 60% repeat business from both contracted and regular customers in the growing events and weddings marketplace
• 19% pa year-on-year turnover growth for the last 5 years and a cash generative business model
• Consistent 20% profit margin across both businesses and significant potential
• Niche opportunity: offering a unique UK-wide service within this marketplace (with a high demand) which represents huge potential
• An opportunity to work with high profile venues and clients in the South region
• Established local reputation; ready to develop the service offering and expand geographically
• An extensive range of premier quality hire stock, supported by quality accessories
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