Business FOR SALE Marquee & Equipment Hire

Business FOR SALE Marquee & Equipment Hire

  • Price: $326,000
  • Location: South West
  • Profit: $198,000
  • Ref No: 774

BUNBURY & THROUGHOUT

  SOUTH WEST OF WA

 

FUNCTION, PARTY EQUIPMENT

  AND MARQEE HIRE

 

Adjusted managed profit for 6 months to 31st December 2021 $161,208 PEBITDA on gross hire revenue of $408,540.

 

ESTABLISHED 18 YEARS

 

  • Long standing and experienced core staff
  • Enormous inventory of high quality long life equipment
  • Simple business model of hire it, deliver and install it, bring it back to warehouse, clean it and put it away.
  • Equipment includes trucks
  •  Original owner since 2004 with a genuine reason for sale.
  • Long term repeat clients in place including Local Shires  and major Event Groups.
  • A constant solid book of advance orders

 

 

Located in the Bunbury LIA premier Southwest of WA with a long-term lease in place to secure the excellent facilities to house the extensive equipment inventory in an ease of access.

 

Full training by the owner will be provided to pass on the skills and to ensure a new owner understand the full operational details of the business. The business has a well experienced long-term administrator and experienced general hands well capable of handling the installation of equipment on site.

 

The seller estimates the second-hand value of the equipment far exceeds the asking price to make it highly attractive to not only a newcomer to the industry but also potential buyers looking to expand into the South West market.

 

Naturally this business has been impacted by the covid pandemic but its marquee hires division and the ceasing of restrictions of large-scale events still   saw the business generate $198,000 profit on revenues of $586,554 in 2021 and the historical profits and gross revenues pre covid were significantly higher.

 

This exceptional business is a huge opportunity for an astute business buyer to acquire a high profit business, requiring a small work force, with minimal competition.

 

The other huge benefit is the SIGNIFICANT DISCOUNT offered on the equipment and vehicles of the business. wealth builder who the seller estimates to have a realistic second value of over $732,000.

 

Goodwill                           $100,000

Equipment & Vehicles   $226,000

Total                                 $326,000

General Enquiry

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