Profile number 105533
Profitable boutique event rental company in Dubai ("the Company") in furniture, lighting and decor
20/02/2023 Date added
Located in
Outside Europe country
General information
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
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
Photos
Profitable boutique event rental company in Dubai ("the Company") in furniture, lighting and decor
Region
Outside Europe country
Sector
Service industry
Type
For sale
Turnover
Confidential
Overname
To be agreed