High-End Event Furniture Rental Company

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 13.3% and 21.4%, respectively, from 2021 through 2023
• Average adjusted EBITDA margin of 34.1% from 2021 through 2023
• Low client concentration - no single client generated more than 7.9% of revenue in 2023
• The Company rents out luxury products, leading to increased margins

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-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