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 of 9.9% and 39.4%, respectively, from 2019 through the trailing twelve months (TTM) ending May 31, 2023
Adjusted EBITDA and gross profit margins averaged 25.2% and 81.3%, respectively, from 2019 through 2022
Low client concentration – no single client generated more than 6.3% of revenue in 2022

Opportunities:

Gain market share through geographic expansion
Increase revenue by expanding product & service offerings, such as event planning
Grow online exposure by search engine optimizing the company’s website
Increase margins by continuing to expand into the retail/direct[1]to-consumer market

Headquartered:

Southeast, US

Current Markets:

The company serves businesses and individuals within the state of its current 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 fully owned by a single shareholder who is seeking retirement
The owner is willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership

Benchmark International

Benchmarks Exclusive Opportunities

High-End Event Furniture Rental Company – BN000045687

High-End Event Furniture Rental Company – BN000045687

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