Hospitality
equipment rental business located in San Jose. They have the exclusive
distribution and service rights for one of the top 3 companies in that
sector.
The particular exclusive agency has the market
advantage of having equipment that does better than its competitors in
the climate of Costa Rica. The business, which was
established in 2012, has grown very strongly and now has over 200
customers.
Current revenues are approx USD 750k. The majority of which (>90%) is recurring revenue as the
majority of the equipment is rented on a serviced rental agreement.
Key Figures
EBITDA: USD 550k
Equipment Value: >USD 1 million
Purchase Price: USD 2 million
EV/EBITDA: 3.6x
Employees: 10
Reason for Sale: Retirement
Key Highlights
- Highly profitable
- Business is growing
- Highly diversified customer base
- Income stream from day 1
- Tangible assets
2015A 2016F 2017F
Revenues 456k 523k 751k
EBITDA 337k 404k 563k
Margin 74% 77% 75%
There are significant growth opportunities. The business would require an "on the ground" manager to oversee business expansion.
E mail info@costaricainvest.ie or call USA +1-202-697-9284 or Europe +353-1-272-4184 to find out more
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