The company specialises in the installation of dash-cams, complemented by a host of other equipment for cars, such as tracking systems, sensors, and audio systems. The business also sells a variety of home and outdoor products, such as fans, heaters, and first aid kits.
The company is ideally placed for an acquirer to achieve further growth, due to its leading position within the market, as well as its blue-chip customer relationships.
Operates on a B2B and B2C basis, working with individual customers and organisations operating within the automotive and manufacturing industries.
The business is now being offered for sale to facilitate the retirement plans of our clients.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.
YE22 turnover in excess of £6.5 million.
YE23 management turnover of £6.6 million.
Current pipeline in place of £238k, with a potential pipeline in place of circa £250k; this is expected to repeat on an annual basis.
Operating within a rapidly expanding global market, which is set to grow at a compound annual rate of 12% through to 2030.
Large amount of revenue due to be realised from its top customers.
Benefits from 240 active customers, 80% of whom provide repeat business. Relationships with customers span up to 25 years.
Middle-management team with over 60 years of combined industry experience, all of whom will remain in the business post-sale.
Operates from two leasehold premises within South East England.
Scope to expand its existing e-commerce platform, which currently attracts circa 5,000 monthly customers and accounts for approximately 15% of total sales.