A designer and manufacturer of niche automotive accessories – based in Yorkshire
A designer and manufacturer of niche automotive accessories – based in Yorkshire
Overview
Description
The company is a market-leading manufacturer of niche accessories for cars, caravans, motorbikes and motorhomes, with in-house cut-and-sew capabilities.
Accessories can be adapted to suit a range of vehicle makes and models, with all design and manufacturing activity taking place within the UK.
The company boasts a long-standing client base comprising over 6,000 leading manufacturers and high-net-worth individuals, including McLaren, Bentley, Lotus, Swift and Bailey Caravans.
The Shareholders are offering the company for sale as they wish to pursue alternative, unrelated interests.
Offers invited.
Key Highlights
– 59% of revenue generated from B2B sales, with the remainder deriving from B2C e-commerce custom.
– Manufactures additional products for the Formula 1, marine, aviation and leisure sectors.
– All products are manufactured in-house at a purpose-built factory, which is owned by the company and will be included in the sale.
– Excellent industry reputation for quality and professionalism.
– Considerable scope for further growth through the development of its service offering and expansion of its client base.
– Factory’s cut-and-sew capabilities can be adapted to any textiles manufacturing industry, providing considerable scope for expansion.
– Limited competition within its market, which is predominantly made up of manufacturers of high-volume universal products.
– Managing Director willing to remain with the company for up to two years post-sale.
Financial Highlights
– Turnover of £3.4m with an adjusted EBITDA of £719k.
– Turnover expected to rise to £3.5m in YE24, with an adjusted EBITDA of £669k.
– Gross profit margin on 51%.
– Adjusted EBITDA margin of 21%.
Is this business relocatable:
Is stock included:
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