• This is a well-established and market leading specialist props hire business which provides an extensive range of props to the creative industries.
• The business also offers other ancillary services that compliment the main activity, which have become integral to the business’s overall proposition.
• It is based in the London area, from fit-for-purpose trading facilities that work well for its customers.
• It has an excellent reputation for produce knowledge and service and benefits from a high level of repeat business as a result.
• The business has achieved a consistent level of financial performance over the last few years. Revenues at YE June ’23 c£680k with adjusted EBITDA around £160k. Forecasts based on the current year’s trading indicate an uplift in sales to c£750k and adjusted EBITDA c£180k.
• The current owners are willing to remain and work with new ownership for a suitable period post completion.
