Based in Yorkshire, 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.
The business has master distribution rights to a number of industry-leading products, which, along with its wealth of in-house expertise and knowledge, has enabled the company to build a long-standing, loyal customer base.
The business is now being offered for sale to facilitate growth under the impetus of new ownership.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
• 190 active customers with 20% of revenue derived from contracts.
• Experiences a high rate of return custom, with all current active customers providing repeat business.
• ISO 9001 QMS certified.
• Experienced engineers in place who benefit from an extensive amount of technical and product knowlege, providing a turnkey opportunity for a new owner.
• Scope to significantly expand sales by introducing new products, such as fixings and fastenings, which could be upsold to the company’s existing customer base.
• Investing in marketing activities to target new customers with the latest products would continue to grow revenue.
• Operates from leasehold premises.
Financial Highlights
• Turnover in excess of £3.3m in YE23 with an adjusted EBITDA of £680k.
• Has shown steady recovery and year-on-year growth, post-Covid-19.
