Event and Catering Equipment Hire Business

Western Cape

R 4 400 000

Financial Information

Detailed financials available on request

This is a very exciting opportunity to acquire a specialist flower, dècor, and equipment hiring business in the heart of the fascinating Cape Wine Lands area. The business comes with an extensive inventory of high-end equipment and huge scope to expand options as outside catering solutions provider. The 30 years experience and excellent service lead to a constant flow of new customers from the recommendations of many happy customers. The business has developed an excellent reputation for providing creative wedding dècor and other services. There are also contracts in place to manage three well-known venues in the area. The price includes equipment of R4,5 m valued at +-50% of market value and excludes VAT.

Reason for selling

Annual revenue
R 17,120,000
Monthly cash flow
R 155,667
Stock value
R 0