Overview
Description
Generated a YE23 draft turnover of £1.4m with an adjusted EBITDA of £562k. A highly reputable business with over three decades of experience in the industry. Manufactures and supplies a comprehensive range of premium electrical leisure products and complementary items. Has developed a full range of products to cater for all aspects of the market requirements. Primarily serves trade clients in the domestic hire market. Benefits from over 250 long-term clients, ensuring a reliable stream of ongoing revenue. New product range introduced in 2019 that has been very well received and fuelled further financial growth and greater demand. Operates from leasehold premises, which could be included in the sale on a freehold basis. Offered for sale as our clients wish to pursue alternative business opportunities. Ideal acquisition for complementary service providers looking to enhance their portfolio with a well-regarded brand. Significant scope to establish a dedicated sales function and implement proactive marketing campaigns to greatly extend the company’s client reach. Offers invited.
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