A provider of RFID tagging for the information services industry

  • Price: Offer Invited
Seller Ref:153782
For Sale

A provider of RFID tagging for the information services industry

Seller Ref:153782
  • Price: Offer Invited

Overview

Seller Ref: 153782

Description

Operating across Europe and the UK.

The company offers a comprehensive RFID tagging service for the information services industry, tagging and scanning all items in a collection to facilitate easier check-out and inventory management.

All equipment is included in the sale, including antennae and scanners.

At present, the company has exclusive relationships with five RFID services providers, each supporting multiple locations within its respective territory, including public and private libraries, collections within universities and schools, and specialist archives.

The shareholder is offering the business for sale as they believe the time is right for a new owner to take the company to the next level. Offers invited.

Has completed projects in France, Switzerland, Germany, the UK, Belgium and several other European countries, maintaining a large percentage of the total market share.

All clients provide ongoing repeat business, with some relationships spanning up to five years.

Comprehensive asset list, including two fully owned and serviced company vans.

Employs an experienced French-speaking Project Manager who could lead the business post-sale.

Offered as a fully relocatable opportunity.

Considerable scope for expansion through the diversification of its service offering, recruitment and the creation of a website.

Turnover of £718k, with an EBITDA of £327k.
Gross profit margin of 72%.
YE23 outturn turnover of £646k.
Growth of 172% between YE20 and YE22.
YE24 Q1 pipeline of future work comprises several projects across Europe with a combined value of £208k.

Is this business relocatable:
Yes
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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