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Wholesale Retailer Of Office Furniture For Sale

UK
Asking Price:
On request
Turnover:
Over £5M
Net Profit:
Available on request

The company provides a comprehensive range of office furniture for wholesale to office furniture suppliers throughout the UK and Ireland.

Its offering comprises a wide range of seating solutions, boardroom and meeting tables, desks, pedestals, storage solutions, screens and dividers, and complementary accessories.

Customers can make orders directly on the company’s e-commerce website, or via container directly from the factory. The business manages all aspects of the process from import to delivery.

Having built a strong reputation in its sector, the company benefits from an established customer base.

The company is offered for sale to facilitate retirement plans.

An ideal turnkey acquisition opportunity for investors or synergistic businesses.

The company utilises its own fleet of trucks and vans for deliveries, which are included with the sale.

Managing director willing to provide a handover period; alternatively they are able to stay with the company following the completion of the sale, subject to discussion.

Easily scalable business model with excellent franchising opportunities.

Operates from freehold premises valued at circa £3 million. These can be included in the sale, subject to discussion.

Turnover of over £6.5 million in YE23.

Adjusted EBITDA in excess of £1.1m achieved in the same year.

Robust gross profit margins averaging 39% in the last four years.

Year-on-year growth.

Offers invited.

Property Information

Property:

Leasehold