A long-established and highly successful importer and distributor of components for the promotional product sector.
The company was formed in the mid-90's and has grown to be one of the largest suppliers of promotional product components in Europe, with over 500 lines and 10 million items in stock.
The company has over many years established a wide network of approved manufacturers and suppliers, offering a sourcing and bespoke product service that sets them apart from the competition.
The company supplies a diverse and loyal client base spread across a range of sectors.
The business is operated from central Midlands-based leasehold premises, offering easy access to the extensive motorway network.
Average turn-over in recent years has been £560k, gross profit is £226k, & adjusted EBITDA is £65k (after allowance for replacement of the exiting directors salaries). Net Asset Value circa £644k.
The two owners and directors work in the business and are assisted by one other full-time member of staff. The owners are now looking to retire after many years of service to the sector. A reasonable hand-over period is negotiable.
This is a strictly confidential sale! For further information, please click through or contact Business Partnership Birmingham offices directly.
Key features:
Successful Provider of Components for Promotional Products
long-established and Highly Profitable Company
Average T/O: £560k, Gross Profit: £226k
Central Midlands Base with Easy Access to Motorway Network
Extensive Client Base Across Many Sectors
established and reliable Reliable chain
Retirement Sale!!
