Based in South England
The company is a distributor of a large range of premium branded welding machines and equipment, as well as hand tools, power tools, and safety equipment.
Utilising the services of a network of highly experienced and loyal subcontractors, the business also provides a range of services that are required in the welding industry, cementing its position as a leading provider for its customers.
The shareholders are now offering the company for sale as part of their retirement plans.
Offers invited.
Key Highlights:
- Currently works with approximately 550 active customers, circa 80% of whom provide reliable, repeat business on an ongoing basis.
- Several key customer relationships have been in place for over 30 years.
- A key employee in place has been highlighted as having the required skills for succession to a higher role, to aid with the departure of the shareholders.
- Operates from extensive leasehold premises, based in South East England, which have scope for expanding the current sales areas.
Financial Highlights:
- YE24 turnover of circa £635,000, with an adjusted EBITDA in excess of £75,000.
- YE25 outturn of £710,000, based on sixmonth management figures.
- Benefits from a healthy work pipeline, with a success rate of approximately 90% and planned projects valued between £350,000 and £400,000.
