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£0 £1000000

Successful Wedding & Events Business in Horsham

West Sussex

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£74,995 +SAV

Ref: 13530-C J

Leasehold

Overview

Hilton Smythe welcomes to the market this thriving Wedding & Events décor business. The one thing people repeatedly say to our client is: ‘Wow, I wish I had a job like yours’! Well here’s your opportunity to step into their shoes, working with people who are at their happiest. Trade is split 85% wedding work and 15% corporate events. The business has been established for nearly 14 years and is renowned for providing a top-quality service. The business can organize and decorate weddings and events for up to 600 guests. Products include chair covers, bows, starlight backdrops, fairy-lighting, mood lighting, drapes, love letters, candelabras, table centerpieces, bay trees, balloons and flowers. The business can offer a complete venue décor service to suit a wide variety of styles, for example, classic & romantic, rustic & vintage, budget & contemporary. However, they specialize in offering a personalized service, providing bespoke wedding décor. Our client would be willing to provide full training and advice to the purchaser if required and would also offer a generous handover period. SECURED BOOKINGS.The business carries out approximately 100-150 weddings and events per year, within the Sussex and Surrey regions including: Horsham, Crawley, Gatwick, Tunbridge Wells, Chichester, Lewes, Brighton, Guildford, Epsom, Oxshott, Hampton Court, Croydon, Worthing, Charlwood, Rusper, Felbridge, East Grinstead. The majority of work landing within a 15-30-mile radius or 15-30 minute drive from the workshop base. We are advised there are over 40 weddings already booked for 2018/19 and this number is increasing weekly via recommendation and direct bookings from local hotels. RECOMMENDED SUPPLIER Our client has special relationships with several well-respected wedding venues and hotels, who recommend them to any prospective bride. The business therefore receives a lot of direct referrals and as a recommended supplier, is invited to attend over 10 ‘Wedding Open Days and Wedding Showcases’ each year.’

Turnover
The business has generated a consistent turnover in the region of £75,000-£85,000 for the past three years with a gross profit of approximately 70-80%.

Owner run with the help of 2 part time week staff and weekend staff for wedding set ups. Our client will offer training and a handover period.

All year event calendar; however, the majority of work is at weekends and through April to September in the busy wedding season.

This is a well-known, established and successful Wedding & Events décor business located in Horsham within the West Sussex/Surrey Hills region.

Tenure
Our client currently rents a picturesque workshop with kitchen and toilet facilities. The rent is £5976 per annum. The rental review date is 1st April 2020 and every three years thereafter. The workshop is located on a private estate with easy, free parking and disabled access. The workshop is divided into three areas, two for storage with shelving specially built to accommodate all props and products for the business and a floristry studio with butler sink. The studio area is an attractive space which doubles up as a wedding showroom. The exterior and interior of the workshop is very quaint making it ideally suited for meeting brides and corporate customers. The workshop is also perfectly adaptable for hosting intimate flower arranging classes, Christmas wreath making workshops and seasonal craft making courses. The workshop will be available to the purchaser, if required, however, all props and products could be relocated, and the business run from home (subject to adequate storage).

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