Event Equipment Hire & Services Business for Sale – BMB10600

REFERENCE: BMB10600

ACTIVITIES: Hire of Event Equipment

LOCATION: South East of England

TURNOVER: circa £600,000+ (FY 2019/2020 forecast)

Business Overview

BuyMyBiz is exclusively retained to find a purchaser for this established event equipment hire business. Over the past 25+ years, our client has provided an extensive range of hire equipment for events throughout the South East of England. The business is a one stop hire shop for a wide variety of events, including weddings, corporate events and parties.

Significant Business Goodwill & Reputation

The business has a large and comprehensive range of hire equipment, including but not limited to:

• Catering Equipment
• Cutlery & Glassware
• Furniture
• Linen
• Chairs
• Trailer Fridges

Alongside the equipment hire, the business also hires out marquees and offers complementary event services such as catering, lighting, toilets etc. 

Growing & Repeat Customer Base

The vendor currently works in the business running the day to day operations, supported by a strong and loyal team. The vendor is happy to facilitate a mutually agreeable handover period.

Reason for Sale

After running the business for over 25 years, our client is preparing for retirement and believes the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.

The Opportunity

Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.

• Established Brand & Business Process
• Secure & Profitable Business
• Significant Stock of Hire Equipment
• Loyal Customer Base
• Experienced & Highly Regarded Team
• Scalable Business Opportunity

Price

Offers are invited for the shares in the business from a suitable buyer. The vendor is happy to facilitate a mutually agreeable handover period.

Offers are invited for 100% of the shares in the business plus Stock / Net Assets

The Next Steps

On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.