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Hire And Rent Business For Sale in Mulgrave Melbourne VIC

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Marquee And Party Equipment Hire Business For Sale

Location:Mulgrave, Melbourne, Victoria

Category:Hire and Rent, Events, Business Services

Asking Price:Undisclosed

450000

  • Sales revenue : $1,300,000 pa
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Marquee And Party Equipment Hire Business For Sale
  • Marquee And Party Equipment Hire Business For Sale
  • Marquee And Party Equipment Hire Business For Sale
  • Marquee And Party Equipment Hire Business For Sale
  • Marquee And Party Equipment Hire Business For Sale

Business description

This is a rare opportunity to buy a well established and highly successful marquee and party / function equipment hire business. This long established business of 50 plus years is only on the market because the vendor wants to retire.

This business for sale specialises in renting out marquees, equipment and props for parties and functions including corporate, weddings, birthdays and much more.

Fantastic business with takings of $1,3 Million per year with a huge range of marquees, furniture (tables, chairs, flooring, heaters, stages, lights), catering equipment, cutlery, crockery and glassware, table linen and decor. The business offers everything needed for any kind of function.

The business operates from a sizeable warehouse and showroom located in the south eastern suburbs and is run under management with a full time manager, receptionist and 2 factory hands. Casual or contracted staff are used to assist in the busy season.

Current rent for the factory site is around $7,930 per month with lease of 1x3x3 lease remaining. Warehouse and showroom opens Monday to Friday 8am to 4pm.

Trucks and vehicles are included in the sale.

With an excellent reputation and many great client relationships developed over decades, the business also has a fantastic and prominent website in place and is constantly drawing new customers with a strong market presence.

Great investment opportunity as this profitable and long successful marquee and event equipment hire business for sale is relatively easy to run and is already under management.

For more information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos on [Phone Number Censored] or via email at [Email Censored]

Other Information

  • Selling Assets: Trucks and vehicles are included in the sale.
  • Real Estate: 1x3x3
  • Years Established: 1965
  • Employees: 4 FT & Casual
  • Trading Hours: 5 days
  • Reason For Selling: Retirement
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