Broadcast Equipment Hire Business.

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]