Thriving company that hires Marquees & Portable Toilets
Product range includes furniture, lighting & accessories
Good sized warehouse and office premises
Excellent commercial location
High turnover with good profit margins
Valuable long-standing customer base
Regular repeat business from trade & retail customers
Well-maintained fleet of vehicles
Good all year-round trade
Genuine retirement sale
Ideal bolt on acquisition for similar expanding operator
Falcon Commercial is delighted to offer for sale this well established business that hires out Marquees and Portable Toilets. Operating from good sized rural premises which are well placed so customers are easily reached throughout Dorset, Devon and Somerset. This well-known company has been under the proud ownership of our clients since 2000 during which time they have made considerable investment in establishing the area’s premier supplier of Marquees, Toilets and furniture for parties, weddings events and festivals. It is now being placed on the market as the owner wishes to retire. During our client’s stewardship the business has built up an excellent reputation for its helpful and friendly service.
Our client’s hire out traditional and modern marquees of all shapes and sizes and are proud to be able to meet virtually any customers request, large or small. They also provide a range of furnishing and equipment to customise marquees as required. Our clients also have a portable toilet division hiring out toilets, disabled toilets, men’s urinals and shower units. These can be serviced on request or on a regular basis throughout any event.
This fantastic opportunity is run by our client with help from a dedicated team of full and part time staff. It generates a turnover in the region of £125,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly by running a modest marketing campaign or expanding the area covered.
This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended
The Premises
Well fitted throughout, and affording easy vehicle access for deliveries and despatches by means of 2 large, full-height doors, these substantial and well maintained leasehold commercial premises provides outstanding and highly functional internal ground floor business accommodation which briefly comprises of:
Internal
• Main warehouse with Mezzanine storage area
• Workshop
• Office
• Kitchen
• 2 x Toilets
• Store
External
• Good size level yard providing ample storage and parking
Business Details
Turnover
• £125,000 Per year
Business Rates
Business rates payable: Nil
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk
Stock
The business stock value is: TBC
Staff
The business is run by the proprietor with help from a dedicated team of full and part time staff who work on an agreed rota basis.
EPC
Commercial Energy Performance rating: TBC
Tenure
• Leasehold.
• We are advised that the business comes with the benefit of a secure rolling rental agreement which the landlord is prepared to continue with suitable applicants.
• The current annual rent payable is £4,800
Legal Costs
Each Party to bear their own legal costs incurred in the transaction.
Accounts
Accounts will be provided to genuine purchasers after a formal viewing
Viewing
Strictly by appointment with the vendor’s agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081
Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thankyou
Leasehold Term:
• We are advised that the business comes with the benefit of a secure rolling rental agreement which the landlord is prepared to continue with suitable applicants.
• The current annual rent payable is £4,800