Wholesale / Distribution businesses for sale

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  • Freehold Price: Offers Invited
  • Annual Turnover: £2,260,000
Seller Reference: 148051
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Business Description
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Seller Reference: 148051
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Business Description
Achieved turnover in excess of £2.26 million in FY18 with adjusted EBITDA of £234k. Projected turnover of £2.23 million in FY19, with adjusted EBITDA set to increase by 19%. Well-established business operating for over 160 years. Specialises in the wholesale of high quality timber predominantly for construction and building agencies across the region. Enviable client base comprising a number of long-standing relationships with several blue-chip clients across the construction, DIY and joinery sectors. Experienced second-tier management team in place able to oversee the daily operation of the business. The shareholders are offering the company for sale to pursue other, unrelated business ventures. Operates from 16,000 sq ft premises that are owned by the shareholders. Offers invited.
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