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Hire – Party and Events

For Sale

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Western Suburbs

Business Code: SFG1125

$399,000.00
Key Features: Well established. Corporate booking base. Low overheads. Strong profits. Industry leader.
State: NSW
Suburb: Seven Hills
Location: Party hire and events organisation serving greater Sydney.
Premises: Small industrial warehouse and storage facility with racking comprising 60 sq mts.
Price not disclosed

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Other business interests.

Sale Reason

2014

Established

Parking

1 full-time owner + 2 casuals

Employees

7 days per week on a flexible basis with emphasis on weekend work.

Trading Hours

Current lease through to December 2025 which can be renewed or extended. 3 month bond and percentage increase p.a.

Lease

Hire and party hire company specialising in the hire of large and medium sized inflatables for parties, corporate events and vacation care programs. Unique opportunity to acquire a hire business featuring inflatables such as obstacle courses, water slides, jumping castles, sumo and boxing suits and even inflatable movie screens. Not only does the organisation cater for domestic and corporate parties and events, the business specialises in supplying third party organisations who provide school vacation activities and summer camps where high level inflatable equipment is required. These corporate style bookings produce high earnings during these periods and bookings are often made months in advance. This is a genuine corporate opportunity to acquire a market leader in the supply of high end inflatable equipment.The business also benefits from general hirers directly booking products for end users on a B2B basis.

Features

Well established. Corporate booking base. Low overheads. Strong profits. Industry leader.

Potential

Further enhance online booking system. Introduce related hire equipment

Comments

Rare opportunity to acquire a market leader in the provision of high end specialised inflatables. Asking price includes 32 inflatables and associated equipment and a Mitsubishi Triton vehicle equipped with a tailgate loader and trailer. Replacement cost of equipment and vehicle estimated at $200k which is included in asking price. Suitable

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$6000
Gross Profit
$6000
Rent
$450
Wages
$1500
Telephone
$25
Insurance
$135
Electricity
$20
Misc 1
$200
Misc 2
$150
Total Expenses
$2480
Equipment
(Included)
$200000
Net Profit
$3520
Price
$399,000.00

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