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Retailer Of Balloons And Party Accessories For Sale

UK
Asking Price:
Undisclosed
Turnover:
£500K - £1M
Net Profit:
Undisclosed

The company retails a wide array of balloons and party accessories internationally via its e-commerce platforms and third-party marketplaces.

The product ranges include latex and foil balloons, custom-printed balloons, balloon accessories, partyware, licensed character balloons, helium and other industrial gases.

The business boasts industry connections with a key manufacturer and gas supplier, facilitating the provision of its product offering.
The customer network spans across the UK, Europe and further afield, comprising commercial / wholesale customers and private individuals.

Our clients are offering the company for sale to facilitate retirement plans and further business growth under the impetus of new ownership. Offers invited.

Key Highlights

- Secured contracts to supply balloon decorations for in-house store promotions with numerous nationwide brands across the retail industry.

- Approximately 120 active commercial customers, also experiencing a steady stream of business from private individuals.

- Numerous contracts and long-standing relationships facilitate the generation of reliable revenue.

- Multi-skilled team in place; all employees are trained to cover other roles, ensuring fast turnaround times for orders.

- Operates from leasehold warehouse premises; a mezzanine can be installed to increase the operational capacity.

Financial Highlights

- Generated a YE23 turnover of circa £655k, with an adjusted EBITDA of £66k.

- Numerous assets included in the sale, such as compressors, balloon printing machines, an injection moulder, and a large-format printer.

Property Information

Property:

Leasehold