A PROVIDER OF MARQUEES AND ASSOCIATED EQUIPMENT TO A DIVERSE CLIENT NETWORK

Generated a YE23 turnover of £483k, demonstrating significant continued recovery following the pandemic, with an adjusted EBITDA of £107k.
With existing stock, the acquisition presents a unique turnkey opportunity to benefit from a well-established business within a high cost barrier to entry sector.
Primarily operates within Northern England, also generating supplementary revenue from nationwide projects.
Continual demand for its services enables the business to work across many sectors, including education, local authorities, hospitality, events, film and television.
A versatile second-tier management team in place with 80 years’ collective experience, which is capable of effectively operating the business without the shareholders’ input.
Operates from large, leasehold premises. The Managing Director personally owns the freehold and, subject to negotiation, would lease it to a new owner.
Scope for growth through recruitment and geographical expansion.
Current tender success rate is 75%.
Asking price £550,000, which comprises of £350,000 goodwill and £200,000 in stock.