A strongly profitable and well positioned online retailer of garden machinery is exclusively being marketed for sale by Morton Christie Ltd.
The business was established by the current owner over 20 years ago and has developed into a major player in the garden machinery online space. With long established supplier relationships which provide barriers to entry, and a strong online presence, the business is well-positioned for further growth.
The business operates from a leased warehouse premises in Warwickshire , with a strong team of employees in place. The vendor is not involved in day to day operations, focusing more on supplier relationships and customer technical issues.
Sales are expected to reach £4M for the current year, delivering an adjusted EBITDA of c £230k after accurately adjusting for management costs. The vendor is confident that reputation, customer service and both SEO work and sophisticated PPC modelling will continue to drive strong organic growth in the business.
The guide price for 100% of the shares of the company is £995,000 and it will be sold with a debt free, cash free Balance Sheet (Net Asset Value forecasted at £80k). The acquisition will suit large trade buyers looking to enter a new sector, extend their product range or strengthen their online presence. It will also suit private individuals or small teams looking to purchase a robust and strongly profitable online retail business with some barriers to entry and significant further scope for development.
Enquiries should be directed to Morton Christie Ltd at email@example.com. Please do not attempt to contact the vendor direct.