High-End Event Furniture Rental Company
Business Description
Description:
The Company is a high-end event furniture rental business. The Company rents out luxury furniture, dinnerware, décor, and more for events such as weddings, galas, and corporate & private events.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 24.7% and 11.5%, respectively, from 2021 through 2024.
• The Company maintained an average adjusted EBITDA margin of 26.5% from 2021 through 2024.
• No single client generated more than 4.2% of revenue in 2024, underscoring the Company's low client concentration.
• The Company's luxury product offerings lead to increased margins.
Opportunities:
• Gain market share through geographic expansion.
• Increase revenue by expanding product & service offerings, such as event planning.
• Search engine optimize the Company's website to gain online exposure and reach more potential clients.
• Increase margins by continuing to expand into the retail/direct-to-consumer market.
Headquartered:
• Southeast, US
Current Markets:
• The Company serves businesses and individuals within the state of its operations.
Real Estate:
• The Company operates from a 38,379 sq. ft. facility leased from an unrelated third party.
• The facility includes showroom, office, and warehouse space.
• There is room to grow in the facility, and the Company is relocatable.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder who is seeking retirement.
• The owner is open to remaining with the Company for a predetermined period to facilitate a smooth transition to new ownership
The Company is a high-end event furniture rental business. The Company rents out luxury furniture, dinnerware, décor, and more for events such as weddings, galas, and corporate & private events.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 24.7% and 11.5%, respectively, from 2021 through 2024.
• The Company maintained an average adjusted EBITDA margin of 26.5% from 2021 through 2024.
• No single client generated more than 4.2% of revenue in 2024, underscoring the Company's low client concentration.
• The Company's luxury product offerings lead to increased margins.
Opportunities:
• Gain market share through geographic expansion.
• Increase revenue by expanding product & service offerings, such as event planning.
• Search engine optimize the Company's website to gain online exposure and reach more potential clients.
• Increase margins by continuing to expand into the retail/direct-to-consumer market.
Headquartered:
• Southeast, US
Current Markets:
• The Company serves businesses and individuals within the state of its operations.
Real Estate:
• The Company operates from a 38,379 sq. ft. facility leased from an unrelated third party.
• The facility includes showroom, office, and warehouse space.
• There is room to grow in the facility, and the Company is relocatable.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder who is seeking retirement.
• The owner is open to remaining with the Company for a predetermined period to facilitate a smooth transition to new ownership
Listing Info
- ID
- 2389934
- Listing Views
- 143
Attached DocumentsAttachment Disclaimer
Teaser_v_3_BN000045687_High_End_Event_Furniture_Rental_Company.pdf
Listing ID: 2389934 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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