Established Wedding Hire Business with Huge Growth Potential

$299,500

Traralgon East VIC 3844

Services

BUSINESS FOR SALE

400m2

    • Franchise No
Phone enquiries - please quote property ID 32877.

Reputable and popular wedding hire business located in Traralgon East, VIC, operating successfully for 8 years. Specializing in stylish furniture rentals, catering to weddings typically from 80 to 150 guests, and offering giant Tipi setup & hire for events requiring a portable venue with a 'wow factor'. Services include delivery, setup, pack-up, and styling advice ensuring a hassle-free experience for clients.

Weekly operations are generally from Thursday to Sunday, with peak seasonal wedding activity and revenue generated from September until April. The keys to success in operating this business would be a person or partnership with an enthusiastic mindset, and basic administration and customer service skills.

The sale includes 2 automatic Turbo Diesel vehicles (Dual Cab ute and large van), 2 purpose-built trailers, 4 giant Tipis, 350+ chairs, 14+ lounge suite sets, peacock and cane furniture, bar tables, stools, 20+ bespoke timber tables, rugs, cushions, lighting and poles. The sale also includes the business's website and social media presence, tools and equipment for setup, and training, and offers optional items such as 3x 40ft GP shipping containers, dual 12m x 12m container dome enclosures, and a 3rd Turbo Diesel SUV tow vehicle.

Steady turnover with gross profit margins exceeding 50%, poised for growth with increased owner involvement. Opportunities for expansion into event planning packages, pop-up events, commercial events, and servicing public events. Potential to double turnover with product expansion and additional services like furniture removal, transport and storage.

Typically booking and servicing clients from Melbourne to Lakes Entrance. Premises currently operate on a private, gated property with freeway access and ample storage space. No long-term leases; the buyer has the option to lease the yard space and infrastructure, or purchase the infrastructure outright and/or operate from their own property. Current casual staff are happy to stay on and support the new owners.

A lucrative, profitable business opportunity with minimal overheads and endless growth potential, ideal for high-ROI investment seekers. Please enquire for more details.

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