Nationwide Provider of IT Hardware, Furniture and Meeting Room Technology

  • Price: Offer Invited
Seller Ref:153480
For Sale

Nationwide Provider of IT Hardware, Furniture and Meeting Room Technology

Seller Ref:153480
  • Price: Offer Invited

Overview

Seller Ref: 153480

Description

The business is a provider of IT hardware and furniture for a multitude of clients across the education sector and corporate businesses.

Offers invited.

Key Highlights

– Benefits from 883 active clients nationally, 80% of whom provide reliable, repeat business.

– Has retained loyal relationships with well-established organisations, some of which span over a decade.

– Diverse client network ensures that the company is not reliant on any individual account to generate revenue.

– Experienced and dedicated workforce in place, with a candidate available to move into an upper-level management position.

– Solid management structure, non-dependant on Company Directors.

– The shareholders are willing to remain within the company, post-sale, subject to negotiation.

– Operates from leasehold premises.

Financial Highlights

– YE24 projected turnover of £9.1m.

– YE23 turnover of £6.7m with an adjusted EBITDA of £647k.

– 71% of YE23 revenue is derived from IT hardware.

– The company has seen a significant increase in turnover between YE20 and YE23, increasing by 109%.

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

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