Top-Rated Inflatable Nightclub Hire Business, Portable Parties Ltd, Up for Sale in Kenilworth Warwickshire
Kenilworth, Warwickshire
- Status
FOR SALE
- Date Submitted:
20/11/23
- Advert ID
602864
- Reference
B07663 / Rightbiz
- Call Agent:
- Asking Price: £375,000
- Turnover: £260,010 (£5,000 Per week)
- Net Profit: £77,000 (30% Profit margin)
Business Details
Highly rated inflatable nightclub hire business for sale
BusinessPlease quote reference B07663
CoGoGo are delighted to welcome to the market Portable Parties Ltd, the leading Inflatable Nightclub brand, worldwide.
Portable Parties Ltd was first established by our client in 2021, soon becoming an internet sensation with over 13 million views on their TikTok account. This allowed them to build up an excellent reputation and regular client base and as shown by their online ratings and reviews, the business is extremely popular within the industry.
The business has now come to the open market, due to our client’s desire to move onto other business interests.
Their Inflatable Nightclubs come fully equipped with professional Bluetooth DJ speakers, a state-of-the-art strobe lighting system & a high quality smoke machine, giving you that nightclub effect. Their nightclubs cater for all different occasions such as but not limited to: garden parties, birthday parties, prom celebrations, children’s parties, dinner parties and events, weddings, stag and hen parties, corporate events & much more!
Portable Parties offers a variety of additional services to suit any occasion and to give their customers the best experience possible when organising their event. They partner with local DJs, Fire Breathers and entertainers, Food Caterers and even offer Silent Discos for customers who are worried about the noise.
The business has over 600,000 followers across all social media accounts, with over 75 million views and 11 million likes on TikTok. They also have in the region of 125, five star Google reviews from customers in the UK, USA, Canada, Puerto Rico and Northern Ireland/Ireland.
The business has had online press in the likes of The Sun, OK Mag, Scottish Sun, Irish Sun, The Mirror and their products and services have been used by a number of celebrities.
Portable Parties were a huge hit at Flackstock festival, which led to them being a part of the Sky documentary. Due to the success, the business is invited back each year.
Key Selling Points:
- Repeat custom base
- The largest following in the world, for Inflatable Nightclubs
- Well established brand
- Scope for expansion
- Relocatable
- Monthly retainers from existing licensees – UK & Canada
- Customer enquiry database of over 10,000
- 2,000 worldwide investment enquires
- They have bookings every weekend now until 2024 - Roughly £10,000 in payments due in from bookings.
- The Inflatable Nightclubs are made here in the UK and they have a supplier agreement in place with the manufacturer.
- Increase advertising and marketing
- Huge potential for manufacturing the Inflatable Nightclubs & shipping them worldwide
Location
N/A as the business operates across the UK.
Premises
N/A
Tenure
We are advised that this opportunity is being sold on a Business Only basis and can be relocated to suit the needs of the new owner.
Hours
Due to the nature of the business, it operates all year round.
Staff
We are advised that the business has 5 members of staff.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £260,000, with a net profit in the region of £77,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
