Ad ID: 84952

Premier Event Structure Provider Business for Sale Queenstown

Unique temporary structures for the premium market - Price Slashed - Vendor Finance Possible. 

Location:
Asking:
$245,000
Turnover:
$320,000

Business for Sale Description

Premier Event Structure Provider Business for Sale Queenstown

This is a genuine urgent sale. The vendor lives in Australia and is seeking a sale before next season.

Since being established in 2012 the business has provided bespoke temporary structures for many of the leading international and domestic events staged throughout the country using their premium European equipment. 

Business Resources

Located in the South Island the focus of the business has been in the Queenstown Lakes District servicing major sporting events, luxury weddings and business promotions. The business can be operated from any location in New Zealand. The market for the products in Auckland is large, there is a big gap in the premium market.

The sale of this business represents an excellent opportunity for an existing market participant or buyer to acquire a range of premium European equipment at a very favourable price. This equipment is in superb condition, with the replacement cost being around $400,000. The business has extensive industry contacts in the premium market. 

The business operates for part of the year during the summer and autumn periods, and is capable of generating significant profits (2017 cash surplus was around $240,000) however with the vendor living in Australia and working internationally the business has suffered from neglect. The vendor will provide generous support and training to a purchaser.

Interested In This Opportunity?

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Bayleys Canterbury
For more info
Contact:

Colin Askin

Colin Askin
03 375 4700 or 027 471 5049
Phone: Colin Askin 03 375 ... or 027 471 5049
Bayleys Canterbury
Licensed REAA 2008
Broker Ref: 5510381

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