Tipi Hire - Unique Celebrations in Stunning Tents

OVERVIEW
- This business is Victoria's only giant teepee hire company providing high quality, attractive teepee style tents (known as Kata's)
- These giant tipis offer a beautiful and natural setting for weddings or other celebrations that exude warmth and create a magical atmosphere
- Tipis stand out from the standard marquee and have a totally unique "wow" factor
- Each tipi can hold up to 70 people for a sit down meal or 100 for a cocktail function. Join two or more tipis together to create a large covered space
- The hire range now includes a unique wooden furniture range, open fire place, additional lighting options and dance floor
- Initiated and already funded expansion plans include an additional tipi, and decorating and lighting options, which will further increase revenue potential and provide the opportunity to develop styling and event management services that can operate alongside the tipi hire service.

FINANCIAL DETAILS
2012/13, income $111,453, 14 jobs, avg of $6532 per job

2013/14, income $192,956, 22 jobs, avg of $7439 per job, Adj Net Profit (under mgt) $50,000

2014/15 projected forecast is for a $240K turnover, achieving a profit of $95K before owners wages. 16 jobs already booked in (deposits taken, represents approx $140,000 in forward bookings). This will all transfer to new owner

ASKING PRICE
The asking price of $120,000 includes:

- Tipis x 2
- Paid deposit for additional tipi ($16K)
- Other hire products - furniture, fireplace, lighting, matting, dance floor, fans
- Trailer
- $140k advance bookings, including $32k deposits paid by clients
-Website & domain name
- Brand name and trademarked logo
- Database
- Phone numbers
- Marketing collateral including TipiKata brochure
- Photos
- IP such as processes, systems, manuals
- A list of key industry connections & established relationships
- Employees

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1118.

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