The business is a provider of IT hardware and furniture for a multitude of clients across the education sector and corporate businesses.
Offers invited.
Key Highlights
- Benefits from 883 active clients nationally, 80% of whom provide reliable, repeat business.
- Has retained loyal relationships with well-established organisations, some of which span over a decade.
- Diverse client network ensures that the company is not reliant on any individual account to generate revenue.
- Experienced and dedicated workforce in place, with a candidate available to move into an upper-level management position.
- Solid management structure, non-dependant on Company Directors.
- The shareholders are willing to remain within the company, post-sale, subject to negotiation.
- Operates from leasehold premises.
Financial Highlights
- YE24 projected turnover of £9.1m.
- YE23 turnover of £6.7m with an adjusted EBITDA of £647k.
- 71% of YE23 revenue is derived from IT hardware.
- The company has seen a significant increase in turnover between YE20 and YE23, increasing by 109%.
