top of page

For Sale

Long Established Party Balloon Business for sale

  • Reason for sale: The business is being sold as the owner is retiring and wants to spend more time with their family.

  • Asking price: £80,000 - Shop Rental £7,800 open to negotiation

  • Terms of business: The shop will continue to trade as a balloon business. The buyer will receive a full list of stock, machinery, printers, and electronics. The buyer will also sign a 3-year full repair lease with an option to buy the building after 3 years.

  • Current liabilities: Insurance (includes public liability and contents), water, electricity, phone, internet, and council tax if the buyer is renting the flat above.

  • Accounts: Three years of accounts will be produced when negotiations begin.

  • History: The business was set up in 2008 and started off as a hobby. It soon grew into a thriving business and employed up to 10 casual workers and 2 full-time employees. The business has had a few setbacks over the years, including the pandemic, but it has always managed to overcome them. The business currently has 2 employees and has a strong customer base.

  • Strengths: The business is the only balloon shop in Newport. It has 3 large corporate contracts and a strong customer base. Website with over 200 visits a month and much portential for growth. 

  • Weaknesses: The business currently needs a minimum of 2 staff.

balloon2_edited.jpg

Interested?
no time wasters please

Thanks for submitting!

bottom of page