Profitable Events and Catering Business Serious Seller
About this business for saleProfitable Events and Catering Business Serious Seller
This business is a leader in the industry and has a history of hosting local and international dignitaries at some of the most prestigious functions held in and around South Africa.
With branches in and around South Africa, this company has a most comprehensive infrastructure to cater for any type of function and supply large and the finest ranges of cutlery, crockery, glassware, linen and furniture, decoration and more.
From beautiful crystal glassware to opulent silver cutlery, to suit any theme, budget or occasion. It offers a seamless (“one-stop”) solution to any occasion from design to providing the smallest detail.
Conceptualization and custom design, Management, Decor, Talent, Entertainment, Bedouin Tents & Marquees, Catering & Bar Solutions, and Venue Search. Event staffing and more.
Some advantages of this offer;
- Assets value of R 26,000,000.
- EBITDA R 7 454 497
- Function already booked for 2017 to be passed onto new owner.
- Skilled and experienced staff and management structure, get into the seat and go.
Owner is selling stock and equipment only.
Total Asking Price: inclusive of all assets.
Price, excludes VAT.
This business is priced to sell so if you're looking for a good investment, want to expand your footprint or wish to buy a profitable business with a proven history, if you are ready to act, don't miss this opportunity.
+27 82 340 2897
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.