Overview
Description
The company is an importer and distributor of niche van and 4×4 accessories, including roof rails and roof rack systems, van styling products, and pickup accessories, operating on a B2B and B2C basis.
Priding itself on its outstanding products and excellent customer service, the company sources the best possible products at profitable margins from international manufacturers, with which it has developed excellent relationships.
The business is now being offered for sale to facilitate investment and growth under the impetus of new ownership.
Offers invited.
Key Highlights
– Wide-ranging and varied customer base, serving the UK online retail market, as well as several prestigious UK van and 4×4 trade dealers.
– Good market coverage by operating several online sales channels.
– Strong second-tier management team in place.
– Operates from leasehold premises.
– Offering additional products and new stock lines from existing manufacturers, as well as increasing stock holding, could expand the company’s customer base and accelerate growth.
Financial Highlights
Turnover of circa £2.3m in YE23, with an adjusted EBITDA of £245k.
Projected turnover of £2.7m in YE24, with an adjusted EBITDA of £391k.
Projected increase in turnover of 67% between YE21 and YE24.
Increase in adjusted EBITDA of 82% expected in the same time period.
Average gross profit margin of 20% between YE21 and YE23
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
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