Well established Christmas Decorations business for sale
St. Neots, Cambridgeshire
- Asking Price: £199,995
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £150,000, with an adjusted net profit in the region of £58,000. Full financials can be made available upon further request.
Please quote reference B06059
- Tenure: Business Only
*** STOCK INCLUDED IN THE PRICE. AROUND 40k ***
*** Open to negotiation ***
Please quote reference B06059
Hilton Smythe is delighted to bring to the market The Christmas Decorators, a well-known and popular franchise business, located in Cambridgeshire. The business has been under the ownership of our client for the last 5 years, though he has thoroughly enjoyed running the business, he is now looking forward to a well-deserved retirement.
The business trades as a decoration design and installation company for both commercial and domestic properties as well as events décor. A lot of the custom is contracted work for a minimum of 3 years, the current contracts are made up of residential, commercial, and local authorities custom.
The franchisor generates around 40% of the custom with around 60% coming directly to our client, through word of mouth recommendations and the sign written van. The nature of the work is to insert decorations to a very high standard, including large trees, garlands, indoor and outdoor lighting.
The Christmas work starts with installation around October, then the dismantle takes place around mid-January. The company currently covers Cambridgeshire and North Bedfordshire including Cambridge, Peterborough, Bedford, Huntingdon, St Ives, St Neots and Saffron Walden.
There is ample potential to expand the company more in Cambridge by offering more services, pushing advertising, utilising social media and expanding the installation team, and also employing a salesman.
The current vendor has been running the business single-handed and strongly advises the business would better suit a partnership to maximise the potential.
The business has a 5-star review status on Trustpilot, our client is offering a handover period to ensure the continued success of the business. Viewings and discussions are by appointment only, any inquiries are to be directed to Hilton Smythe.
We are advised that the business is owner ran and managed, with the help of 1 part-time staff member (Zero hours contract). The business relies on managing Contractors during the peak Christmas season, who are vital to maintain or grow the current business.
We are advised that the busiest trading time is christmas, however there is work throughout the year.
The business covers Cambridgeshire and North Bedfordshire.
Cambridge is a successful city with a world-class reputation for education, science and innovation, research and knowledge-based industries, and its historic environment.
It is a major focus for employment. The high-value Cambridge Cluster is crucial to the UK’s economy and its international competitiveness and attracts and keeps high profile businesses.
N/A as it's a Business Only sale. Our client does have a lease on the current warehouse unit and that can be included in the deal. However, a break clause can be activated if the new owner prefers a different location to work from.
The sale of the business also includes;
- Sign wrote large van.
- A van mounted cherry picker.
- Capital pieces consisting of 15 x 8’ tall nutcrackers plus 1 x 12’, 1 x giant book, cable car, 2 x Santa’s Grottos, 18 x internal market stall log cabin huts, 1 x Christmas Post Box, 1 x Giant Easter egg post box
- 30 x Christmas trees, 80 sets of string lights, 36 x garlands and wreaths, 8000 baubles.
We are advised that the business is being sold on a Business Only basis.