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Catering Equipment Hiring Business For Sale

Cape Winelands, Western Cape, South Africa
Asking Price:
R15,000,000 Furniture / Fixtures included
Sales Revenue:
R13,600,000
Cash Flow:
R3,900,000

An equipment hiring business serving the hospitality and outdoor events sector. A one-stop -shop that provides everything from cooking, serving, seating, decor, outdoor structures, electrical, gas and ablution facilities. It can cater for events of up to 1000 people at a time. Apart from a blue chip client list and a portfolio of recurring events, the business has a R20m inventory of assets (hiring equipment and vehicles), a computer tracking and delivery system and skilled know-how to support large scale events.

Property Information

Real Estate:

Lease

Lease Terms:

3 years renewable.

Leasehold Rent:

R1,498,000 per annum

Business Operation

Reasons for selling:

The owners have other interests now demanding of their time.

Employees:
26
Years established:
15

Other Information

Furniture / Fixtures value:
R8,000,000 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact Sentinel Commercial Services Group

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