Well established wedding equipment hire business for sale

Business
Please quote reference B07333

CoGoGo are delighted to welcome to the market The Hire Company (Cymru), a high rated premier catering hire business in Pentraeth, North Wales.

The Hire Company (Cymru) was first established by our clients in 2012, and has proven to be extremely popular within the area, building up an excellent reputation and regular customer base.

The business has now come to the market due to our clients desire to retire. 

The Hire Company (Cymru) is North Wales’ leading hire company for tables, chairs, crockery, cutlery, glassware, table linen, BBQ’s, fridges/freezers, water boilers and soup kettles. In recent years, their hire range has increased to include furniture. The business also offers a delivery and collection service to the venue. 

Key selling points –

• 92% conversion rate on quotes won
• Little to no competition locally 
• Future booking pipeline
• Lifestyle business
• Extremely well established
• Huge scope to expand – no advertising other than fb posts
• Perfect add on business to an already established events company
• Family run since establishment
• Exceptionally low overheads
• Leasehold option potentially available
• Local support with an abundance of recommendations

Scope to improve –

• Increase marketing and advertising
• Expand catchement area

Very rarely do businesses of this type come on to the market and we therefore recommend early enquiries to avoid disappointment.

Location
The Hire Company (Cymru) is located on Cloth Hall in Pentraeth, North Wales.

The business benefits from close by parking facilities and free parking to the front of the premises.

Premises
Well fitted out shop with displays and great eye catching signage.

2 Large storage containers 

Tenure
We are advised that the business is being sold on a business only basis. 

A leasehold option is also available, with a new lease to be agreed with the landlord. The combined rent with the 2 containers is £5,096 per annum (Shop rent only £2,600 per annum).

Hours
The business is run to suit bookings and appointments. 

Staff
We are advised that the business is run and managed by our clients. 

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £50,000. Further financials can be made available upon request.