Our client, a well established Marquee Business in the East of England, is considering selling the business and we are inviting expressions of interest.
With over 40% of the annual turnover, circa £90,000, coming from recurring contracts the high customer regard for this business is clearly evident. The hire stock of the business is very well maintained and has a market value around £70,000.
Offers in excess of £130,000 are expected for the combined goodwill and hire stock of the business which may also be sold separately.
The owners are in a position to complete on the sale by the end of May to give the purchaser immediate benefit of the summer season.