BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£118,000
Turnover / revenue:
£314,000
Net profit / cashflow:
Undisclosed
Years established:
4
Employees / staffing:
The business is owner run with up to 70 quality engineers available, as and when required
OTHER DETAILS
Reason for selling:
The owner now wishes to concentrate on other business.
Support and training:
The vendor is happy to provide support and training for the new owner, if required.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Sound and Acoustic Recruitment Agency supplying Sound Technicians/Engineers for the Music Industry
Ref. JC029
Location : Fully relocatable
Asking Price : GBP118,000
Established as a Ltd Co in 2011, this business has developed into a successful business model with and excellent reputation. The business specilaises in the supply of sound and acoustic technicians and lighting technicians to the music industry and corporate /live events, the split of technicians supplied is 90% sound and 10% lighting.
Essentially the business focus is on making sure the end clients needs are met, successfully sorting out last minute details, solving problems often at short notice for this highly discerning market. This had led to rapid growth based on strong, loyal relationships with customers.
Expansion Potential
This is now a thriving and profitable agency and there is still huge scope for further growth in the future, possibly by expanding the number of engineers on the database and increasing the marketing activities. There are many clients increasingly dependent on the services creating excellent repeat business opportunities.
Market / Competition / Non-Competition Agreements
Work is gained by word of mouth recommendation. A focused advertising campaign could certainly attract additional business. There is a company website that is currently combined with a separate side of the business.