Profitable pole-marquee company ready for scaling up
Entering its fifth year of business, Piece of Cake Marquees survived COVID lockdowns strong enough to continue investing in assets that have improved its profitability. This financial year, it will be £18,000+ in profit and next year is forecast to be ~£24,000.
Piece of Cake supplies a traditional pole marquee and themed furniture to its prosperous clientele in the Southeast, mainly for weddings, but increasingly for anniversaries and one repeat celebrity client for their birthday each year.
Contributing to Piece of Cake’s success are:
• After a lot of SEO work, website development and glowing recommendations from previous clients, no longer having to advertise; people come to the company through organic sales.
• All furniture has been paid off, so hiring out surplus furniture is booming this year and stands to be a strong revenue generator in future low seasons,
• A comprehensive list of core assets: two LWB Vauxhall Movano vans in excellent condition, three-pole Petal marquee, matting, lighting, dancefloor, stage, three types of table, tablecloths, two types of chair, cushions, shepherd crooks for lights, garden games packages, and more.
Further opportunities exist to focus on:
• Investing in another marquee, which would significantly boost profit by being able to have two bookings on the same weekend during the high season,
• Acquisition of a luxury toilet trailer and a silent generator in order to retain more revenue from each event, a true one-stop shop,
• Additional small, clearspan tents, primarily used as catering tents, can also serve for smaller jobs, such as dinner parties and outside cover for house parties, especially during the low season,
• Bell tents are still in demand from the target demographic, and would be an easy, scalable, revenue stream.
This is a unique opportunity for either an individual owner wanting a going concern or a larger company wanting to expand.
Forecast profit 2022: £18,000+
Forecast profit 2023: ~£24,000
Liabilities: £60,255.51 (largely the vans)
Already has over £50,000 in revenue for 2023 from existing bookings
Visit the website at http://www.pieceofcakemarquees.com
Facebook at http://www.facebook.com/pieceofcakemarquees/
Good reviews at http://www.bit.ly/3RduEE6
Contact Tom Pleasant at [email protected]