Exceptional bar services/events management business for sale.
Introduction:
- This business was created 12 years ago by the owner and in that period the business has been developed to one of the most well known in the hospitality/tourism industry.
- The business is involved in business events/training of staff/team building/building of structures for specific purposes for instance liquor towers etc.
- The business is run from a warehouse but the business can be moved even to a house where it can be run from (subject to having not less than 50 sq meters available).
- At this stage the owner rents trailers as and when needed- a buyer should just have a suitable vehicle to hook trailers with.
- There are no full time staff and staff is rented when needed for events, although the owner has a list of persons trained in this regard.
- Assets included is valued at R241,242, with a replacement value of R600,000.
- The reason for selling is that the owner wants to emigrate asap.
Financials:
- Turnover for 2022 has been R 450,765 so far, expenses at R 336,818 with a NP of R 113,947 (25%).
