Summary
Byron Bay's leading audio, lighting, video and staging hire business is for sale! Secure your lifestyle in the Byron shire with an established business operating since 2011 and showing great profits.
Revenue
$640,000 pa
Rent
$59,000 pa
Expenses
$351,000 pa
Net Profit
$94,024 pa
Location Details
Northern NSW
Warehouse is in Mullumbimby, central to Northern NSW.
Potential
Room to expand to Gold Coast region or South to Coffs Coast. Business events are growing in the region.
Skills
Audio, lighting and video production skills are useful to run this business.
Hours
It's event based so can be unusual hours but generally 9-5 Monday to Friday for management.
Lease
3 year lease expires in July 2025 with option to renew for another 3 years.
Employees
2 x casual employees. Majority of labour is by sub-contractors.
Reason for Sale
Owners are keen for a change and have other businesses to grow which will not impact this business.
About the Business
North Coast Events supplies audio, lighting, video and staging to events around the Northern NSW region. The business has strong relationships with most of the venues in the Byron Shire and is the preferred supplier to Elements of Byron, Ballina RSL Club, 3 Blue Ducks at The Farm and many others.
The primary market which we service is the corporate conference event which has high profitability and business events are still strong in Australia. Secondary sectors are weddings, community events, theatres, schools and private events.
This is a unique lifestyle business with premises in Mullumbimby close to the beaches of Byron Bay and Brunswick Heads.
The business is profitable and has reliable sub-contractors and staff making it easy to run.
History
The owners started the business in 2011 and built it up exponentially to become the largest AV hire business in the region. The reputation of delivering high quality events quickly spread and the growth was doubling year-on-year until the Covid crisis hit. The business still had turn-over in these years and is now recovering well.
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