Business description

Leading Event Decoration Company for Private & Corporate Events/Celebrations - Weddings, Hospitality, Private Parties in both marquees and other venue types

Established for over ten years, this is a well known company specialising in marquee and venue styling. Founded by the current owners the company has grown since inception and is recognised as the event decor team of choice by many event organizers.

Focussing on the mid to high-end market , this Event Decor company offers a variety of decor solutions for all kinds of events and venues. They have built up an impressive amount of hire stock and also provide a bespoke design service to their clients

The company have a strong presence within both the Wedding and Events industry and are the prefered supplier at a number of prestigious London and national venues.

Offices and Warehouse are currently based within the South West but the business is a nationwide service and would be completely relocatable.

This company has been dynamically driven by the current owners since its inception in 1999. Throughout this time the business model has been based on delivering a high quality service at a competetive price– on time! The vision for the future of the company has been one of re-investment from day one, which has led to a situation today where the company owns a massive inventory of equipment and stock etc.

The company offers bespoke solutions for many and varied indoor and outdoor events, including:-

• Weddings
• Corporate Events
• Private Parties
• Hospitality
• Awards
• Festivals

The company has established itself well during its 10+ year history, but offers many opportunities for expansion and extra profitability.

Equipment:

The current inventory is believed to have an asset value of circa £250,000

Customer Service:

Having been established for 10+ years, the business has built an outstanding reputation for customer satisfaction, which has led to recommendations and third party referrals. The company holds are large collection of customer testimonials.

Key Strengths:

The key strength of this business must surely be the reputation for delivery creative event solutions in a price and time sensitive manner, ensuring their customers complete satisfaction for a their event.

Key Opportunities:

The key opportunity here, apart from the business operating in what will be seen by many as an attractive and creative business sector, has to be sustainability. This sector is still growing, even though many sectors are experiencing the reverse in our current economic climate. Demand for the type of services offered by this company has consistently grown over the last several years, and shows no sign or reason for diminishing in the future. There are also many areas that the client has identified for further promotion and growth of the business.

Property information

Premises details:

Leasehold of small offices and seperate Leasehold of Industrial Unit

Other information

Expansion potential:

There is enormous potential for growth and expansion in many key areas that the present owners have already identified.

Competition / Market:

The company has found a strong position within a niche market as the service it offers is relativley unique and flexible.

Support & training:

A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. The current owner will also be prepared to enter into an extended handover period, subject to separate negotiation.

Reasons for selling:

The owners now wish to sell the business to enable them to meet their family commitments and new projects.

Inventory / Stock value:

£250,000 (included in the asking price)