This family-owned business has a strong brand and reputation in the greater Port Macquarie area. The business is well known for every sort of event hire from weddings, corporate occasions, sporting, festivals plus much more.
Bookings are more often than not pre-booked each year and the business has amazing word of mouth and referral business – they hardly do any marketing.
The business can be run with one person. As an owner/operator you may work a 50 hour week leading up to and/or finishing an event (some are huge some are smaller) and in between there can be lots of flexible time to do what you want. The beauty of bookings is you often know what is coming up!
The hire industry is great. The business owns a substantiable range amount of quality assets that keep producing high margin income.
The property is great value, is centrally located and would be a great addition for a buyer wanting a business while owning the property as well.
The business could suit a diversity of potential buyers from a business looking to diversify, a family wanting a flexible fun and exciting business or just a single person or couple wanting a new challenge.
Some skills would be required for erecting stages and structures, but the current owner is able to train and assist for an on boarding period.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
• Sale includes approximately $450,000 in assets
• EOFY2023 Adjusted Net Profit to owner $202,000
• Very flexible working life based around pre-booked events
• Year on year repeat events and customers plus strong bookings this year
• Small efficient team of casuals
• Business has been established for 35 years
• Freehold property worth $1,100,000 and the business worth $590,000 = $1,690,000 all up!
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.
