Event Equipment & Hire Port Macquarie (Freehold Available)

Price: Sorry, this business is no longer available. You can check out current listings here.

Key Sale Highlights

Business has been established for 35 years
EOFY2024 Adjusted Net Profit of $44,000 after owners wages
Freehold property available as an option for $1,100,000
Sale includes approximately $450,000 in assets
Very flexible working life based around pre-booked events
Small efficient team of casuals

Proudly listed by Shane Fox

Business Overview

This family-owned business has a strong brand and reputation in the greater Port Macquarie area. The business is well known for every sort of event from weddings, corporate occasions, sporting, festivals plus more. Bookings are more often than not pre-booked each year and the business has amazing word of mouth and referral business – they hardly do any marketing. The business can be run with one person. As an owner you may work a full week leading up to and/or finishing an event (some weeks are huge some are smaller) and in between there can be lots of flexible down time to do what you want. The beauty of bookings is you often know what is coming up and therefore when you can have time off. The hire industry is great. The business owns the quality range of assets that keep producing high margin income. The business could suit a diversity of potential buyers from a business looking to diversify, a family wanting a flexible fun and exciting business or just a single person or couple wanting a new challenge. Some skills would be required for erecting stages and structures, but the current owner is able to train and assist for an on boarding period. KEY FEATURES/ SALE HIGHLIGHTS INCLUDE: • Sale includes approximately $450,000 in assets • EOFY2024 Adjusted Net Profit $44,000 (after owners wages) • Very flexible working life based around pre-booked events • Year on year repeat events and customers plus strong bookings this year • Small efficient team of casuals • Business has been established for 35 years • Freehold property available as an option for $1,100,000 If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

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