Noosa based business for sale
Wedding Love Lights is an independent hire business specialising in giant letters and hearts servicing the wedding industry, corporate functions, graduations, school formals, engagements, parties and award nights. The wedding and events industries are growing and this is a great opportunity to get involved in the hire industry for a modest investment.
About Wedding Love Lights
Our hire business, which has a fabulous reputation as a leading provider of giant letters and lighting displays, is perfect for someone who is looking for a high margin second income, a solid platform for growth to a full time venture, or a great opportunity to add to an existing wedding or event/party hire business.
We are currently based in Noosa and service the Sunshine Coast, Sunshine Coast Hinterland and the Brisbane region. Future bookings are predominantly located on the Sunshine Coast.
We have a great network of contacts within the Sunshine Coast wedding community who refer business and we are active members of Tourism Noosa and Noosa Wedding Org.
The growth opportunity
Our main competitor is based in Brisbane and the cost of supplying the Sunshine Coast from Brisbane has resulted in a recent increase in their prices. We have previously limited our marketing activities to organic growth via our website and social media. There is a significant opportunity to grow the business through marketing campaigns targeting the Sunshine Coast and Brisbane wedding and event scene.
How we operate
We provide hire services for weddings, birthdays, parties, Christmas celebrations, corporate functions, graduations and marriage proposals. We are fully independent with no franchise fees and the running expenses are low. Our letters are stored in a local 7 day a week storage facility where we have 24/7 access arranged. Approximately 90% of our bookings are on Friday or Saturday and for most deliveries flexible arrangements can be made with venue managers for delivery, set up and collection. We do not provide credit and payment terms are structured so you get paid 4 weeks prior to delivery dates.
All of our products are low voltage so you don’t need to be an electrician and full training and support will be provided including details of our suppliers for components. We make all of our letters and we are willing to continue manufacturing letters for the new owners.
Everything you need is included to operate the business without additional investment and we already have confirmed bookings throughout 2018 and a growing order list for 2019.
We have a full alphabet plus many duplicate letters and magnificent giant hearts and we have a reliable Ford Transit Van. Our letters are housed in an easy access storage facility that is undercover for easy loading and unloading. Relocation to make this a home based business will provide further profit, all you need is a single garage to house all of the displays and letters.
The business has a high quality website, Instagram account, Facebook page and a fabulous library of images for promotions and marketing which you will be provided as part of the sale assets.
All accessories such as spare parts, transformers, globes and cables, and delivery equipment are included.
The majority of our asking price is for the purchase of hire equipment and associated assets at fair valuation which provides a favourable depreciation component. We will be happy to share our asking price once we have had an initial discussion about the business.
Contact us for more information today by emailing Lee at firstname.lastname@example.org or call Lee on 0418 737 646.