£0 £1000000
£0 £1000000

For Sale

Well Established Equipment Hire Company For Sale

Pentraeth, Gwynedd

  • Asking Price: £89,995
  • Turnover: We are advised the business generated a turnover of circa £60,000 as of 2020, further financial information can be made available upon request.

    Please quote reference B06586

  • Tenure: Business Only

< 1-10 >

Enlarge

Please quote reference B06586

Hilton Smythe is delighted to present to the market a much-loved venue equipment hire company established by our clients 11 years ago, only now offered to the market as our clients wish to retire.

The business has been hiring Tabletop items- Crockery, Cutlery, Glass etc for over 20 years. However, in recent years their hire range has increased to include furniture, e.g. - different sized round tables and various trestle tables. Our client also hires three types of chairs - Chiavari Wedding Chairs, Cheltenham Wooden Chairs and White Folding Padded Chairs. The Hire Company (Cymru) has a large stock of White Linen Tablecloths.

Reasons to buy-

  • The only hire business of its type on Anglesey and North Wales
  • A well invested company with a considerable amount of equipment
  • Around 53 bookings into 2022.
  • Reputation in place with excellent reviews
  • There is no debt in the company therefore is pure income
  • Minimal organisation required
  • Google search listing is high and generates significant contact
Scope for development-

  • Enhance Social Media: Facebook/Twitter/Instagram
  • Contact local services to advertise: Caterers/Wedding planners/wedding venues/council
  • Horizontal integration: Expand to include the hire of other items e.g. marquees
  • Form a partnership with a caterer/local popular wedding venues/ local hotels/ clubs
  • Word of mouth forms 70% of bookings; this could be exploited further with additional marketing
Included in the sale of the business –

  • Lease of 3 x 20’ containers in Menai Bridge.
  • A shop in Pentraeth
  • Website - http://www.thehire.co/
  • Email address
  • Telephone numbers 
  • Full list of all equipment upon request in value of around £90,000
  • Van and Tailor
Very rarely do businesses of this type come on to the market and we therefore recommend early enquiry to avoid disappointment.

The business is run and managed by our clients.

The business is run to suit bookings.

The business benefits from close by parking facilities and free parking to the front of the premises.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The area is also well served by the A-roads within easy driving distance of the business.

The business is being offered to the market with multiple options -

Currently being run from the leasehold shop in Pentraeth, the rent has been paid until 1st December 2021.

Due to the nature of the business, this could easily be relocated. However, Hilton Smythe would recommend staying around the North of Wales as the business has a great reputation within the area.

Tenure
The business is being sold on a relocatable bases, however our client currently rents a space on a rolling agreement with the rent at £216.67 per month.

Find your dream business

    Sales Negotiator Photo

    Adam Varey

    Sales Negotiator

    Need help to find your dream business?

    Our buyer matching service can help, sign up today.

    Similar Businesses For Sale
    • 11

      Well Established Garage and MOT Service Business For Sale

      Melksham, Wiltshire

      £725,000 +SAV

      Discover Business
    • 1

      Reputable Bathroom Business For Sale. Open To Sensible Offers

      Gloucestershire

      £549,995 +SAV

      Discover Business
    • 1

      Reputable Security Business For Sale

      City of London

      £499,995 +SAV

      Discover Business

    11

    Well Established Garage and MOT Service Business For Sale

    Melksham, Wiltshire

    £725,000 +SAV

    Discover Business

    1

    Reputable Bathroom Business For Sale. Open To Sensible Offers

    Gloucestershire

    £549,995 +SAV

    Discover Business

    1

    Reputable Security Business For Sale

    City of London

    £499,995 +SAV

    Discover Business

    Popular business searches in the UK