Blacks Business Brokers are bringing you a news update! This time we take a look at one of our latest completions. This event venue dressing franchise came onto the market with us because the owner wished to pursue other business interests. Trading since 2011 the business built up a strong local demand in the Lancashire area. Since then, the business has grown year on year, gaining a large customer base and traveling further afield to provide this service in surrounding areas including postcode areas BB, FY, and PR. This superb franchise provides venue dressing services for weddings and other events.
Because this business was sold as a franchise it presented a fantastic opportunity for a new owner to come in and expand the operations nationwide. The business specialises in providing luxury table linen, chair covers and other venue dressing items for weddings, special celebrations, and corporate events. Bookings either come from the wedding venues which our client has built excellent working relationships with, or directly through brides and grooms and an array of corporate clients. Franchisees are also sent qualified, territory-specific private enquiries via the award-winning website, which runs alongside well built up social media sites.
There are no specific opening hours, which makes the business model incredibly flexible. Deposits are taken upon booking, making it a business that operates and pays all year round.
The sale of this business required our expert knowledge and use of our unique buyer database to identify potential interested parties. After a thorough search, we found a buyer who was able to meet the asking price of the business. After acquiring finance the buyer was able to move forward and complete the deal!
We wish both the buyer and the seller all the best with their next business venture and hope they are successful!
If you would like to buy or sell a business, you can contact Blacks Business Brokers by calling 0161 763 5000 or emailing us on [email protected]. We look forward to hearing from you soon!
