The company is a leading provider of fireworks, with its comprehensive offering including professional displays and the sale of firework products via wholesale, e-commerce and strategically located stores.
The business has built up a diverse sales network, comprising blue-chip corporate clients, wedding and event venues, firework retailers and private customers. This ensures year-round demand, despite the overall seasonality of the firework market.
The sale offers a unique acquisition opportunity as the company’s buoyant, multichannel revenue streams, client and customer portfolio, and brand prominence would be difficult for a new market entrant to easily replicate.
Our clients are offering the company for sale to facilitate the director’s other, unrelated business interests. Offers invited.
Key Highlights
- Exceptionally high retention rates for year-on-year firework displays, as well as across events venues and wholesale customers.
- Preferred supplier for many clients and maintains long-standing relationships.
- Often fully booked months in advance for Bonfire Night and New Year’s Eve displays.
- Led by proficient managers who operate effectively with limited shareholder input and can absorb the director’s remaining responsibilities.
- Strong digital presence, with scope to expand the brand’s visibility using existing resources.
- Operates from premises measuring a combined circa 15,000 sq ft, including ideally situated retail stores and specialist storage facilities.
- Continually developing new products and display formats to boost its offering.
Financial Highlights
- Generated a turnover of £1.7m in a recent year-end, with an adjusted EBITDA of £402k.
- Majority of the income derives from existing accounts, while the sales network is consistently growing; 30% of the turnover is attributed to new customers and clients.
