E-Commerce Mobile Internet Brand Supplying 46 Wi-Fi Routers Internationally
E-Commerce Mobile Internet Brand Supplying 46 Wi-Fi Routers Internationally
Overview
Description
Having been trading for over a decade, the company is a fully portable business offering high-quality 4G Wi-Fi internet routers as well as antennas and leisure industry accessories via e-commerce, to customers across the UK and the EU.
Having developed an excellent reputation, the company benefits from a number of loyal B2B customers, a wide-ranging and diverse D2C customer base, and high profit margins.
The business is now being offered for sale to facilitate investment to take its growth to the next level.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
– Offers a versatile core product that is suitable for a huge range of purposes, including anywhere that could benefit from portable internet facilities; with the correct investment, growth potential is unlimited.
– Sale includes UK and established EU companies.
– Has a number of well-established e-commerce platforms in place, including its own website, Amazon UK and EU, Shopify, and eBay, all with outstanding seller reviews and performance.
– Directors may remain with the company to assist a new owner with daily operation and business development, if required.
– Currently has a 5G version of its technology in development that is due to launch in Spring 2024, and has signed a contract to become a UK and EU cross-network data SIM provider, creating a monthly subscription revenue stream.
– Fully, instantly relocatable opportunity with no leases. West Midlands-based shareholder-owned premises available to rent, if required.
Financial Highlights
-Combined turnover of £866k in YE23, with an adjusted EBITDA of £170k.
– The company planned for a drop in turnover to facilitate growth during YE23.
– Management turnover in YE24 of £927k.
– Adjusted EBITDA of £116k in the same time period.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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