Overview
The company stocks over 50,000 lines, including, but not limited to, hand & power tools, fasteners & fixings, abrasives, cutting tools, PPE, cleaning & washroom supplies, contractors’ equipment, welding equipment and consumables.
The business serves customers operating in a diverse range of industry sectors, including engineering, manufacturing, construction, local authorities and logistics.
Wishing to retire, our clients are now offering the company for sale to facilitate its continued expansion under the impetus of new ownership.
Offers invited.
Key Highlights
Benefits from 550 active customer accounts, supplying the business with a reliable stream of revenue.
Strong second-tier management team possessing the necessary skills and expertise to assist with the day-to-day running of the business.
Operates from two premises (one freehold) which will be included in the sale.
An ideal bolt-on acquisition for complementary suppliers looking to extend their offering and enhance their market presence.
Scope to implement dedicated sales and marketing strategies to attract additional customers and, subsequently, generate further revenue.
Financial Highlights
Generated a YE23 turnover of £2.2m with an adjusted EBITDA of £229k.
Maintains a gross profit margin of circa 35%.
