OPPORTUNITY TO ACQUIRE AN INDEPENDENT WHOLESALER OF ELECTRICAL PRODUCTS – BASED IN YORKSHIRE
OPPORTUNITY TO ACQUIRE AN INDEPENDENT WHOLESALER OF ELECTRICAL PRODUCTS – BASED IN YORKSHIRE
Overview
Description
Turnover in excess of £5.5 million in FY23, with an adjusted EBITDA of circa £707k in the same year. Specialises in the wholesale of high-quality electrical products and accessories for original equipment manufacturers and contractors located across Yorkshire. Product offering is enhanced by the company’s ability to offer expert consultancy advice for commercial and domestic projects that require electrical, fire and heating solutions. Operates from 14,000 sq ft leasehold premises which are owned by the shareholders and leased to the company. Enviable client base comprising a number of long-standing relationships with several well-established companies, most of which have existed since the company’s inception. Generates and sustains business through the use of a detailed marketing campaign with potential to increase the company’s online presence by implementing an e-commerce website. Shareholders are willing to remain with the company for a negotiable period post-sale, to facilitate a smooth handover. Offers invited.
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