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Fantastic Decor Hire and Coordination Business For Sale

R800,000 Excl Vat Eastern Cape (EC)Listing: #ET00040

About this business for sale

Fantastic Decor Hire and Coordination Business For Sale

Do you have a creative side and enjoy working with people. Then this Decor business for sale is a great opportunity for you.

The Decor and Coordination Business is a well established and reputable business having built up an excellent name in the industry.

The business is located in East London and services many businesses, schools, and the public with their Function/Party requirements.

The business has two forms of revenue streams, these being Decor Hire and Event Coordination. They stock a wide range of Decor equipment to suit small Functions parties to large events. All equipment has been maintained in excellent condition.

The business has a solid track record and is the preferred supplier to several corporate companies, many schools and several annual events which take place locally.

The asking price for the business is R800,000 Excl Vat. The assets of the business are estimated at over R900,000. With a new replacement value of R1,800,000. In the past financial year the business showed a Net Profit (EBIDTA) of R506,659 for the year. This equates to a strong return on investment.

The business operates from convenient premises, with a show room and store room. The business also has a small staff complement which assist in the running of the business on a daily basis.

 The business already has a strong order book for the 2018 year and the seller is prepared to provide full training to the new owner so that the business can continue seamlessly.

This is a great opportunity to buy a strong business with good profits.

For further information on this great listing please contact the listing broker – Greg King (084 556 6166)

East London
+27 73 232 4407
+27 84 556 6166

Greg King

*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.