Sector |
Turnover |
Location |
---|---|---|
Media | £1m | South, England. |
Unfortunately this business has now sold.
Business Opportunity
An opportunity exists to purchase the business and assets of a UK based broadcast equipment hire specialist.
The Company holds an extensive range of audio and visual broadcast equipment utilised for hire purposes and has an established customer base of broadcasters, production companies and freelancers. Other services are offered by the Company to accompany the hire business, including crewing facilities, drone rental with pilot and live streaming.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with the proposed Administrators.
Business Overview
- Extensive portfolio of Sound, Lighting, Monitoring, and Camera Equipment;
- Regularly upgraded equipment portfolio to combat technology advancement;
- Established trading history;
- Good customer base with repeat business;
- On-going hire contracts;
- Turnover circa £1m with consistent profitability in prior years;
- Committed and dedicated employees;
- Fully operational leasehold premises;
- Immediately available.
High Level Financial Information
Draft Financial
Statements for: |
12 Months 31/3/2013 (£) |
12 Months 31/3/2014 (£) |
12 Months 31/3/2015 (£) |
12 Months 31/3/2016 (£) |
Turnover |
1,089,167 |
1,001,188 |
1,129,814 |
918,904 |
Gross Profit |
740,474 |
724,087 |
764,916 |
765,708 |
Net Profit/(Loss) (Pre-Tax) |
61,597 |
36,412 |
78,624 |
98,272 |
Premises
Leasehold offices in the south of England.
Assets Available for Sale
- Unencumbered Office Equipment, Plant and Vehicle
- Hire Equipment Stock
- Ongoing hire contracts
- Goodwill & Intellectual Property
Deadline for Offers
5pm Friday 19th August 2016.
Further Information
Please contact Damian Short on 0161 359 4332 or by email [email protected]