BMB REF: BMB10581
ACTIVITIES: Event Lighting & Production Solutions
LOCATION: South East England
TURNOVER: circa £700,000+ (FY 2018 Forecast)
BuyMyBiz is exclusively retained to find a purchaser for this event lighting and production company. Over the past 15+ years, our client has provided a diverse range of lighting and production solutions to clients throughout the UK and overseas. With a leading reputation in the industry for world class production using the very latest technology, our client continues to innovate and deliver highly creative services.
Significant Goodwill & Business Reputation
The business has a wide range of clients and is considered a market leader and innovator for events including:
- Award Ceremonies
- Fashion Shows
Annual Recurring Revenues of circa £200,000+
Our client holds significant levels of professional equipment and as a result is able to offer ‘dry hire’ of the lighting, staging and the related equipment. The business also generates a healthly and growing recurring income from the long-term hire and maintenance of lighting installation for venues and nightclubs.
Reason for Sale
After running the business for over 15 years, our client 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.
This Business is Relocatable
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.
- Excellent Goodwill & Reputation
- Established Brand & Business Process
- Profitable Business
- Knowledgeable & Highly Regarded Team
- National & International Clients
- Scalable Business
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 net assets
(All offers to be based on a cash free/ debt free basis)
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.