Historic BuyMyBiz project

Event Equipment Hire & Services Business For Sale [BMB10600]

BuyMyBiz · Originally published 18 July 2023

Project reference: BMB10600

Historic BuyMyBiz project

This project was originally marketed by BuyMyBiz. Availability has not been confirmed and the information below is retained as part of our historic project archive. Any figures relate to the period when the business was marketed, not to today.

Event Equipment Hire & Services Business For Sale [BMB10600]

Reference: BMB10600

Activities: Event Equipment Hire & Services

Location: South East of England

Turnover: Circa £700,000+

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 stope 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.

This Business is Relocatable

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 100% of the shares in the business plus Stock / Net Assets

(All offers to be based on a cash free/ debt free basis)

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

The Next Steps

Considering selling your business?

A free, confidential sale appraisal will tell you where your business stands and what to work on first. No obligation, and nothing is made public.