PROFITABLE BUSINESS FOR SALE

Description

Adhering to the MUTA practice standards, the business supplies a wide range of marquees to commercial, corporate and private events. A full service is provided, from initial planning through to delivery, construction and dismantling.

To complement its core marquee products, the business offers additional furniture to enable clients to fulfil their design and functional specifications. This includes seating, tables, heating, lighting, stages and bar counters.

Our clients are now offering the business for sale to facilitate retirement plans. Asking price of £290,000 (£150,000 stock and £140,000 goodwill).

Key Highlights:
- Primarily operates within Northern England, also generating supplementary revenue from nationwide projects.
- Continual demand for its services enables the business to work across many sectors, including education, local authorities, hospitality, events, film and television.
- Has established strong relationships with key clients, several of which span over three decades.
- A versatile second-tier management team in place with 80 years’ collective experience, which is capable of effectively operating the business without the shareholders’ input.
- Operates from large, leasehold premises. The Managing Director personally owns the freehold and, subject to negotiation, would lease it to a new owner.

Financial Highlights
- Generated a YE24 turnover of £423k, with an adjusted EBITDA of £83k.
- Downturn in profits during YE24 were due to the company increasing employee wages, which combined with the high rate of inflation had an effect on expenditure.
-Our clients advise that there is increase in bookings for YE25 compared to the same time in the previous FY.

STOCK LIST:
Marquees:
Clearspan Hocker
15m x 35m/ 7x 5m bays
12m x 80m/ 16x 5m bays
9m x 81m /27x 3m bays
6m x 69m /23x 3m bays
3m x 3m Chinese hat 3x
5m x 5m Losberger 2x
Tunnels 1.8m x 3m bays 8x
Pole Tents:
40’ x 1120’/ 56x bays 20’
30’ x 330’ (mids/ends)
40’ x 40’ (Period style canvas) x1
30’ x 200’(Period style canvas) (mids/ends)
Various small tents, awnings etc

Linings:
/ Custom Covers/pleated:
15m x 35m/ 7x 5m bays
12m x 55m/ 11x 5m bays
12m x 20m/ 4x 5m bays (pink)
12m x 25m/5x 5m bays (flat)
9m x 51m/17x 3m bays
6m x 36m/ 12x 3m bays
40’ x 260’ pole 13x 20’ bays
30’ x 210’ pole (mids/ends)
30’ x 100’ Period pole flat (mids/ends)
Various pagoda liners, window walls, doors panoramic walls etc.

Flooring:
Marquee ply Flooring 22,300 sq ft
Parquet and B&W ‘Grumpy Joe’s’
-Dance Floors 2,100 sq ft
Matting 156 rolls (40’/30’/20’)

Furniture:
Banqueting chairs 350
Wooden folding chairs 700
Trestle tables 240
Round tables 145

Arcotherm EC32 heaters x6
8 x 4’ stages 23
Quantity of: bar counters, lighting, up-lighters, festoon lights, chandeliers, coat rails, trellis, ballast tanks

Vehicles:
3x 7.5 ton trucks
1x 3.5 ton van

Various items:
Power washers, vehicle weigh scales, washing machines, dryers, vacs, pat-testing kit, welders, charger, sewing machines, compressor, tools etc.

Office and systems:
Cad system, computers, printers, scanners, desks etc..
MUTA membership, Vehicle Operator’s Licence

The opportunity is marketed on a confidential basis and a Non-Disclosure Agreement will be supplied upon enquiring. An information pack will subsequently follow.

Please do not hesitate to contact me should you have any queries.

Contact notes

zaahid.akhtar@kbscorporate.com