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Successful, Long Standing Wedding And Party Hire Business For Sale

New South Wales, Australia
Asking Price:
$478,000 (AUD)
Sales Revenue:
$617,000 (AUD)
Cash Flow:
$239,000 (AUD)

This is a very unique opportunity to buy a very successful and well-known business in Paradise. Based on the far North Coast of NSW, this Wedding and Party hire business is the number 1 choice for locals and visitors alike. The business is the first choice of numerous commercial wedding venues and wedding planners in the area. The business has an unparoled reputation and it’s designs and decorations have featured in many famous weddings in the area.
The owners live in the area and have owned the business for 17 years. Over that time, they have built a very strong reputation for delivering the best equipment and service. The company has a warehouse full of hire equipment from marquees to glassware and are so enabled to supply all needs for either that dream wedding or party.

Key Points
• The Wedding & Party Hire business is truly local, the largest and original wedding hire business in region
• Family business
• Located in the number 1 tourist location region of NSW
• Established relationships with the best wedding services in the area
• Warehouse of everything you require to conduct small to large events.
• Competitors are not local and so find it hard to compete on price
• Expanding market for year to year

Property Information

Location:

Far North Coast of NSW. The business is located in the industrial area of town and is run from Home and the warehouse.

Premises Details:

The warehouse is currently owned by the business owners. They are willing to offer very generous lease terms but also open to field offers to buy the building

Business Operation

Expansion Potential:

Any new owner has an opportunity to grow this business from the leading Wedding and Party hire business in the region to a business that can easily diversify into many divisions.
Divisions could be;
1. Festivals,
2. Large Corporate
3. Locally held events,
4. Expand their equipment hire.
5. Complete Wedding / Party planners

Competition / Market:

The main competitor is located 60kms away from the town, therefore their expenses have to be pushed to the customer, making this business first choice and very cost competitive.

Reasons for selling:

The Family are looking to allow the older members to retire and the younger ones to spend more time with family. They are adamant that the new owners are to made feel welcome into the business and are willing to help in any way to continue the business success.

Trading hours:

7 days but mostly weekend work

Employees:
4 full time, 6 casual
Years established:
17

Other Information

Support & training:

3 months

Inventory / Stock value:
$371,000 (AUD)
Relocatable:
This business can be relocated.

Contact Information

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