£0 £1000000
£0 £1000000

Under Offer

Relocatable Hospitality/Events Company for Sale

Chippenham, Wiltshire

  • Asking Price: £24,995 +SAV
  • Turnover: The business generated a turnover of circa £24,000 as per the 2020-2021 accounts. Further financial information can be made available upon request. The business is already receiving lots more enquiries for 2022 with average spend considerably higher than pre covid.

    Please quote reference B06190

  • Tenure: Leasehold

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Please quote reference B06190

Hilton Smythe are delighted to welcome to the market The Little Balloon Company, which was established over 20 years ago, with our client taking over in 2012. Only now does the business come to market due to family health issues.

The Little Balloon Company trades as a balloon design and gifts business, catering for all types of celebrations including weddings, birthdays, baby showers, anniversaries, etc.

Our client currently uses a simple and convenient booking system, with bookings already being made throughout 2022. There is ample scope to expand the current workload, with our client advising that the business would benefit from having another balloon artist, to fulfil more orders.

The business also does a lot of corporate work with repeat clients that provide work throughout the year. The business also benefits from having great relationships with local venues who recommend the business, which any new buyer will benefit from.

The business has already received a large number of enquiries for 2022, with the diary quickly filling up. The bookings for 2022 are considerably higher than pre-covid.

The business receives regular orders from many local 5* hotels and is recommended by many venues in the area. The business is also the recommended supplier for the area with 2 nationwide companies that sub-contract work to them every year.

The business is being sold with a vibrant and easy to navigate website. The website is a self-managed free website that is at the top of google searches. 100% of the work comes from repeat customers or the free website which is top of a google search for this area. The website is also now ready to have e-commerce added and expand into online sales if that is something the new buyer wants to look into. 

  • Website - https://thelittleballooncompany-wilts.weebly.com/
  • Social Media accounts on Facebook and Instagram - https://www.instagram.com/thelittleballooncompany
The sale of the business also includes -

  • A fully branded Nissan NV200 van would also be available upon purchase.
  • A portfolio of nearly 2,000 photos of work which the new buyer will be able to use for branding and sending to customers.
They are also members of BAPIA, which covers public liability insurance and is a great support system providing great discounts with wholesalers.

There are many reasons to buy The Little Balloon Company including:

  • A profitable turn-key business
  • Excellent reputation
  • Bookings secured for 2022
There is also scope to increase the already thriving turnover by considering the following:

  • Addition of supplying more lines
  • Employing another staff member
  • Contacting more venues for partner referral
This is an excellent opportunity to acquire an easily run, well-established and profitable business.

Our client has advised that she would be happy to provide a handover period/training period for the new buyer, subject to negotiation. This will help with all the introductions necessary to venues, suppliers and long standing customers. As the business has supplied some customers for over 10 years, they have built up excellent relationships. Our client has also stated that she can also work freelance for them after the sale, should the new buyer be interested.

Viewings are by appointment only and are to be arranged via Hilton Smythe.

This business is owner run and managed.

Online 24/7

The business currently occupies a rented space in the Brinkworth House Business Centre in Cotswold. The new buyer has the option of keeping the business there or relocating it.  

Rented office within the Brinkworth House Business Centre.

Tenure
The business currently pays £480 per month for the office space. This is on a rolling lease. The new buyer could look to continue renting the office space, or relocate it. 

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