BASED IN NORTH WEST ENGLAND
Overview
Project Schaffer provides a comprehensive range of designer prescription eyewear and sunglasses.
The business has a prominent high-ranking e-commerce platform, enabling online orders across the globe and also operates from a physical store, facilitating in-person services.
The company utilises an automatic replenishment system with its suppliers to facilitate efficient lead times and timely deliveries.
The business is offered for sale to facilitate further growth under the impetus of new ownership. Offers invited.
Key Highlights
- Utilises its own in-house laboratory for prescription lens manufacturing.
- Excellent customer reputation, with a 4.7-star rating from over 12,000 reviews on Trustpilot.
- Registered with the General Optical Council.
- Over 350,000 customer accounts.
- Circa 110,000 website visitors per month.
- Skilled and experienced in-house workforce, with second-tier management in place.
- Works with numerous prestigious suppliers, such as Ray-Ban, Oakley, Tom Ford, and Tiffany.
Financial Highlights
- YE25 income of circa £5.5m, with an adjusted EBITDA of £339k.
- Shareholder-owned premises with a value of £420k included in the sale of the business, subject to negotiations.
