This company has been exclusively appointed by a leading British manufacturer of woven and knitted (stretch) fabric garments & products, to find a suitable acquirer for their business.
My client specialises in the sportswear, performance, and athleisure wear markets.
All skillsets, techniques and production are undertaken and executed in-house.
Details of the opportunity are as follows;
Company Name: TBA post NDA
Company Website: TBA post NDA
Sector:
Sportswear manufacture
Year incorporated: 2018
Reason for sale: The company founder intends to exit the business in order to prioritise her personal and family life.
She also recognises that the business has grown to a point where it requires the energy from a new acquirer to facilitate the next stage of expansion.
The company founder is prepared to assist the post-sale transition with a handover for a period of time and would consider remaining with the business on a temporary basis in a consultancy capacity if required by a new acquirer.
Financials year end 31st July
2019 (actual) - Turnover: £345,912 / Adjusted EBITDA: £55,004
2020 (actual) - Turnover: £233,038 / Adjusted EBITDA: £10,305
2021 (actual) - Turnover: £202,250 / Adjusted EBITDA: £21,508
2022 (actual) - Turnover: £182,726 / Adjusted EBITDA: £655
2023 (actual) - Turnover: £474,766 / Adjusted EBITDA: £168,150
2024 (forecast) -Turnover: £480,000 / Adjusted EBITDA: £200,500
• Trading since 2018.
• High level of recurring revenue.
• Specialist British sportswear manufacturer.
• All skillsets undertaken inhouse.
• Cutting-edge technology and construction techniques.
• Experienced, skilled & knowledgeable personnel.
• Business has unlimited growth potential both in the UK and overseas.
If this opportunity is of interest and you would like to know more, please reply and I will send you a Non-Disclosure Agreement.
