The company is a manufacturer of kart brakes and laser alignment systems for the motorsport industry, recognised internationally for the enhanced performance and reliability its products offer and boasting a significant retail and wholesale client base.
Predominantly catering to the international motorsport community, the company has customers across Europe, the Americas and Asia. Additional sales are generated from the industrial sector, accounting for circa 19% of revenue.
The shareholders are offering the business for sale due to a change in personal circumstances.
Offers invited.
Key Highlights
- Caters to 500 customers across the B2B, wholesale and retail markets, all of which provide regular repeat business, with some relationships spanning over 25 years.
- Products have been developed to provide superior performance and reliability in a variety of environments, with a range of standard and bespoke systems that suit the needs of individual clients.
- Operates from leasehold premises.
- Considerable scope for expansion in the industrial and international karting sectors.
Financial Highlights
- Turnover of £273k in YE23, with an adjusted EBITDA of £67k.
- Average gross profit margin of 38%.
