Relocatable Business for Sale

West Bridgford, Nottinghamshire
REF: S07845

Asking Price:
£92,750
Annual Turnover:
£52,854
Annual Net Profit:
TBC
REF: S07845
Photo of Relocatable  Business for Sale
Photo of Relocatable  Business for Sale
Photo of Relocatable  Business for Sale
Photo of Relocatable  Business for Sale

Overview

Tenure:
Relocatable
Established:
2009
  • Excellent Reputation
  • Huge growth potential
  • Secure Contracts
  • Low Overheads

This is an exciting opportunity to acquire a nationwide, award-winning provider of Mandap hire and décor services for Hindu wedding ceremonies.

With more than 15 years in the Asian wedding sector, the business has supreme expertise in delivering a couple’s dream ceremony, working across some of the UK’s most gorgeous venues. Their vast collection of decadent Mandap structures, seating, lighting, centre pieces, and décor allows them to efficiently meet each client’s individual needs. This is further complimented by the company’s strong links with other event providers, such as DJs, catering, transport, photography, and florists, therefore enabling customers to easily create an entire wedding package.

The enterprise boasts lucrative financial figures despite only operating on a part-time basis, repeatedly turning down additional custom out of choice. The business has income secured of £30,000 until July 2022, the deposits of which would be passed onto the new owner. Further enhanced with an excellent digital footprint, this is an unbeatable choice for a buyer who desires a business with an immediate path to further growth.

Midland Mandaps’ sale does not come with any fixed premises as it is currently operated from the owner’s home, attending events around the UK as required. It can therefore be relocated according to the buyer’s preferences.

The company runs a highly professional website which displays imagery of its beautiful Mandaps and décor for hire, alongside wonderful client testimonials, contact information, and links to recommended vendors for other services. The brand’s superb digital presence is completed through its active presence across Facebook, Instagram, and Twitter, with hundreds of followers on each platform.

All equipment is incorporated into the sale price, including 7 Mandap sets, sofa sets, backdrops, lighting, bridal carriage, centrepieces, chair covers, linens, and other décor. A full inventory is available upon request. Unfortunately, a transitional period is not available with this sale. However, the vendor will provide full training on how to operate the Mandap structures.

The ideal buyer for Midland Mandaps would be an existing enterprise or freelancer that is already operating in the UK events industry and wants to expand their business activity. It would be especially suitable for someone who is looking for a lucrative side business or anyone wanting an acquisition which is perfect for scaling up, as Midland Mandaps’ income is predominantly generated through weekend bookings only.

The owner presently turns down a significant volume of work by choice, and so the business could immediately be grown by recruiting a larger team to assist with attending events during the week, thereby doubling the current turnover figures.

Features

Online Presence

Location

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  • Home Based

Financial & More

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Annual Net Profit
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Stock at Valuation
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Management Structure
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Number of Employees
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Current Ownership
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