Successful Sale of Established Marquee & Bell Tent Hire Business
We are pleased to announce the successful sale of a well-established marquee and bell tent hire business based in East Yorkshire. Founded in 2019, the business has built a strong reputation in the industry, offering a range of high-quality four and five-metre bell tents alongside premium marquees. With a loyal customer base, strong website presence, and excellent online reviews, the business has been a trusted provider for various events across Yorkshire, Humberside, and beyond.
Due to a change in personal circumstances, the previous owners made the decision to sell, presenting an exceptional opportunity for a new owner-operator or team to further develop and expand the business. The sale included all existing stock, with an optional lease transfer for the storage unit. A commercial vehicle was also made available through separate negotiation.
The business has demonstrated consistent financial performance, with the latest accounts to 30th June 2022 reporting an annual turnover of £58,473 and a gross profit of £55,906. The business has operated successfully with only the two owners in employment, showcasing its efficiency and potential for further growth.
Commenting on the transaction, Callum Pollard, who facilitated the sale, stated:
“This is a fantastic business with a well-established brand and an outstanding reputation in the events sector. The new owner has acquired a thriving operation with strong foundations and significant potential for growth, particularly through targeted marketing and event partnerships. We are delighted to have successfully brokered this sale and wish both the previous and new owners every success in their future endeavours.”
This sale represents yet another successful transaction in our portfolio of business sales, and we continue to support business owners looking to buy or sell across the UK. For further information on available businesses or to discuss selling your business, please contact us today.
To find out more about the market, or for a confidential chat about your business options, please contact [email protected] or 0333 370 0000.
Book Your Call Here Now