Total of 18648 firms and businesses for sale today Tuesday 24th May 2022
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Finance And Services:

Sold. Specialist Company For Set Design & Installation For Cookery Events And Tv Productions

LISTING DETAILS
Firms For Sale ID:
34886
Vendor reference:
CF053
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£520,000  
Turnover / revenue:
£975,000
Net profit / cashflow:
Undisclosed
Years established:
20
Trading hours:
Monday Friday: 09:00 18:00 (Projects permitting)
Number of employees:
21
Employees / staffing:
The vendor is supported by: 2x Self-employed, full time sub contractors 18x Self employed, Rigging & technical managers 1x Event co ordinator/PA/Book keeper All staff are highly experienced and a real asset of the business.

OTHER DETAILS
Reason for selling:
The vendor wishes to retire.
Support and training:
The current owner would be happy to provide full training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The rural office is adjacent to one of the storage areas, vehicle yard and workshop with one other storage facility nearby. Rent and rates are currently GBP 35,000 per annum and we are advised that a new lease would be available by negotiation.
 
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BUSINESS DESCRIPTION
Specialist company for set design & installation for cookery events and TV productions
Ref. CF053
Location : Southern England
Asking Price : GBP 520,000 + NA
This business was set up by the vendors over 20 years ago and has grown in that time to become well established and profitable. The business specialises in the promotion, management and logistics of cooking events, featuring some of the best known TV celebrity chefs in the UK.
All of the necessary equipment including vehicles, staging, facilities and AV are safely stored in large temperature controlled units and managed by the use of a comprehensive inventory management system that accounts for all articles of equipment and is especially crucial during the busiest periods of the year.
The business has also invested in the design and manufacture of its own seating and staging areas for events, which can always be amended as time passes and remain on-trend for future events. This is accomplished using the business own workshop, which is located on one of the two sites that the business trades from.
Events are staged all over the UK and this business has come to be relied upon by TV production professionals for its efficiency and professionalism.
The services are backed by a roster of highly reliable employees, who are well motivated and back up all of the reliability and trust claims that the Vendor relies upon when dealing with clients and their time critical performances.
The business is very sucessful and highlights include:
Loyal long term clients
The business has been around for over 20 years and is a solid repeatable business opportunity
The business has untapped potential and is highly scalable
Competitive pricing
Solutions to complex requirements
Very strong referral rates among clients
The business is managed by the Vendor who has implemented a very efficient management system for detailing the terms of each day’s and weeks jobs to staff. Staff and contractors are fully conversant with the business techniques and methodology and are more than capable of enabling a new owner to successfully maintain continuity of trading.

Expansion Potential
The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The vendor believes that an opportunity to grow by providing to the pop up restaurant sector exists and also believes that this business would be a perfect platform from which to grow by other acquisitions within the supply chain.