Supplier Of High Quality Lighting & Sound Equipment
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Full business familiarisation, training and handover will be provided by the owner, it is considered that this will be a relatively simple event ...
Reason for Sale The owner, following the successful handover and transfer of the business, wishes to enjoy the fruits of his labour. There are other business inter...
Description Supplier of High Quality Lighting & Sound Equipment Confidentially offered for sale.
Ref no: JC017.
Location: North London.
Asking price Aœ850,000.
The vendor started the Business in 1987, incorporating in 2002. Since then, the company's main area of business is the hire and supply of lighting, sound, staging and flooring, as well as draping services. The main clientele are production companies, corporate clients and the general public.
For private parties this includes some of Britain's richest businessmen, celebrities, sportspeople and the rich and famous. The company owns a significant amount of equipment with a current market value of in excess of Aœ300,000 and is subject to a policy of replacement and upgrade, ensuring that it only stocks the best and most up to date equipment available. Add this to the rigid repair and maintenance program and it is no surprise the majority of the work is from existing clientele, repeat business and referrals.
The Business operates out of a freehold commercial unit of approximately 1,500 sq.ft per unit, which is included in the sale price has a current market value of circa Aœ235,000. Contact for more information on this Lighting & Sound Equipment business for sale.
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