Company history/background
Company overview:
- Dubai's coolest and most dynamic rental company of furniture and lighting
- The Company has consistently been part of major events in the UAE and GCC, including Expo 2020 and the Abu Dhabi Grand Prix
- Caters to small- & large-scale events, private and corporate, and concerts, festivals and brand activations
- Excellent reputation since the start of the business in 2008
The offering includes:
- An optimised collection of premium and modern design furniture & lighting
- Unique vehicles that act as bars, food trucks, and brand activation tools
- Event props, table lamps and décor
Owners are looking for a full sale to a party that can take the business to the next stage and are happy to remain involved for a period needed to ensure a smooth transition into the new ownership structure.
Company activities
Event Rentals - furniture, lighting & decor.
Unique selling points
The business in brief:
- Profitable
- Recognised brand name & excellent reputation
- Reliable and dedicated team
- Combined showroom & warehouse in central Dubai
- Loyal customer base of event agencies and 4- & 5-star hotels
- Original, trendy, and well-maintained collection
- Procedures, specialist software, manuals and staff training in place
- High reach on Facebook, Instagram, and Google
- A solid business built for long-term value
The Company is known for:
- High service standards, on time every time
- Friendly, professional, and helpful team
- Easy to do business with, honest and straightforward
- Transparent all-in pricing, 24 hours quote response time
- Flexible & adaptable; ready for last-minute changes
- Quality rental items, many are unique in the market
- Contemporary style, in-demand products
Other
Excellent value creation options:
- Increase UAE market share
- Expand current portfolio
- Add new categories like tents, table- and glassware
- Establish partnerships with companies in the same industry but a different vertical, like audio-visual, catering, and entertainment
- Expand into the fast-growing KSA and further regional rental market
The transaction:
- Owners are open to discussing different ways to structure a transaction
Company assets:
- 14 years of experience
- Recognised brand name with an impeccable reputation
- Existing & loyal customer base
- Contemporary furniture collection in great condition
- Committed, energetic & experienced team, 8 FTE’s
- Well-maintained vehicles + airconditioned warehouse (leased)
- Fully fitted office with good infrastructure (leased)
- Brand new mobile-friendly website
General information
Region
Outside Europe country
Sector
Service industry
Type of company
Rental company
Legal entity
Private limited company
Type of transaction
Assets / liabilities
Life phase enterprise
Growing
Employees in FTE
5 - 10
Type of buyer
- MBI candidate
- Strategic acquisition
- Investor
Financial information
Turnover last financial year
Confidential
Asking price
To be agreed
Earnings before taxes
€ 250.000 - € 500.000
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