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Exceptional Marquee Hire Business for sale in Glasgow City & Surrounding

Glasgow City & Surrounding, Glasgow City

Asking Price £795,000
Turnover £850,000

Business overview

Market leader in marquee hire throughout Scotland. This business has an outstanding reputation within the industry that has many new and existing contracts in place.

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Rent per annum

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Business description

Market leader in marquee hire throughout Scotland. This business has an outstanding reputation within the industry that has many new and existing contracts in place.

The market leader in marquee higher for Scotland. This company has a brilliant reputation in the industry for supply great quality at great prices. They are known for their wide range of marquee types from Clear Span frames, stalls, Starshades and Stretchtents. They also have a cinema marquee that comes fully equipped with all the projection equipment needed. Furniture Hire is also a lucrative side to the business.

New enquiries are generated every day from the prominent Google rankings the company has achieved. The company's website ranks first for many marquee hire keywords in Scotland.

They also are known for marquee interior hire which includes swags, roof valances or full wall sections in a similar or contrasting colour.

The business currently operates with around 9/10 staff members with a General Manager (of vast experience) and an operational management team, but more staff are needed throughout the summer months as this is the businesses busiest period. The business already has over £400,000 worth of business booked in for 2018 (as of April) with more and more enquiries coming in every single day.

The business has contracts or repeat business with high profile clients including Glasgow Council (many other councils) CommonWealth Games, M&S, Cancer Research, Glasgow Film Festival, Tesco, Gap, Celtic Football Club, Regular Music, DF Concerts, BBC, MOD, The Royal Highland Show and many many others.

The business would be very easily expanded with larger marquees but the current owner has not wished to do this due to other business interests. These other business interests are the reason for sale as he would need to relocate to Florida and could no longer run this business as well.

The sale includes stock, fixtures and fittings worth circa £1 million with an easily realisable second hand value of £500,000 +
The stock and equipment has been upgraded regularly and is of a very high standard. This will continue right up to the point of sale as the owner always re-invests in the rental equipment to preserve the companies reputation for quality within the Scottish marquee sector.

Although the business can run on its own without the owner being present, the current owner would be willing to continue working in the business for a period of time that would allow the new owner plenty of time to settle in to provide a seamless hand over period and any assistance the new owner may need.

This is a long established strong profitable company that is being sold for very genuine reasons. The owner will also most definitely not be operating within this sector at any time in the future. Full legal guarantees will be given for peace of mind in this respect.

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