Based in the West Midlands.
The business produces high-quality fire logs and retails them locally through online sales.
The business is also part of the domestic renewable heat incentive (RHI), which will bring in a guaranteed income of over £500k per annum for the next 10 years.
Benefits from 223 active customers, 70% of which provide reliable repeat business.
The business has eight Hargassner 199KW, all of which have 10 years remaining on the RHI Scheme.
Strong reputation in the company’s region due to the quality of its products.
95% of sales are derived from e-commerce, with an online visitor conversion rate of 76%.
Scope to grow substantially by investing in a marketing team.
Has invested in a further two 500KW boilers, which could increase efficiency by 50%. The owner has boilers for sale with 11 years remaining on the RHI scheme which could be purchased and relocated to the business’s site.
A member of the Renewable Energy Association.
Secure income via the RHI regime.
Operates from leasehold premises.
YE25 management turnover of £537k with an EBITDA in excess of £205k.
Average gross profit margin of 78% between YE22 and YE25.
Our client is offering the business for sale to pursue other, unrelated business ventures.
Offers invited.
