Here is an excellent opportunity to acquire an extremely profitable, well established and relocatable online workwear and safety clothing company complete with 1,000 sq ft shop.
The company is able to operate with a total workforce, including the two directors, of only four people making it extremely profitable. The company has recently opened up part of the warehouse as a retail premises, which is bringing in new customers.
The company has been a family business for 40 years. The average EBITDA over the last three years has been £188,000.
The business is in an excellent position to grow exponentially having a database of nearly 27,000 customers, but the current owners have chosen to keep the business at its current level in order to suit their lifestyle.
The reason for the sale is due to the retirement of the owners.
A reasonable handover period will be given.
The basis of the sale is on a cash free/debt free basis.
Stock will be sold at valuation.
