Description
Events furniture and décor rental Business
Mandate number NB2030 Asking Price R9,5m
This exceptional business has acquired 5 of its smaller competitors over the years to establish itself as on of the leading players in the field. Clients include most of the reputable hotels and event management businesses in Gauteng. High quality and a diversified range of rental stock at competitive prices secured the loyalty of most this prestigious repetitive clientele.
Cash flow summary: Monthly over the last 12-month period.
Average monthly revenue | 1,150,000 |
Cost of sales | 208,000 |
Operating expenses | 592,000 |
MONTHLY Profit before tax, depreciation and owners’ drawings | R340,000 |