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Deal Opportunities.co.uk

the UK marketplace for company sales

Cash-and-carry

Reference
S11884
Turnover
£2m to £5m
Sector(s)
Miscellaneous, Retail & wholesale
Region(s)
North East England, North West England
Added
14 August 2024

Business description

Project Venditio retails a comprehensive range of products, covering DIY tools and garden equipment; building materials and decorating accessories;

household and pet products; stationery; and seasonal goods, such as outdoor furniture, festive decorations and fireworks.
The company operates with a network of 110 suppliers, ensuring a diverse product offering at competitive prices.
The business benefits from high volumes of repeat custom from resellers, trade organisations and the general public from within a 50-mile radius of the
premises.
Our client is now offering the company for sale to facilitate retirement plans. Offers invited.

Highlights

  • Has built strong, long-standing relationships with many resellers and
    tradespeople. 
  • Two candidates available who can absorb the exiting Directors’ duties, with a third capable of supporting the second-tier management team with further training. 
  • The premises retain vast scope for development through constructing extensions to the existing building and expanding the car park. 
  • Many of the UK’s wholesaling markets are expected to continue growing in the years to 2028/2029, placing the company in a prime position from which to take advantage of evolving sector and consumer trends.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 2,918 538
2021 (Actual) 4,178 943
2022 (Actual) 3,647 635
2023 (Actual) 3,644 669
  • Generated a YE23 turnover of £3.6m, with an EBITDA of £669k.
  • Average gross profit margin of 38% achieved between YE21 and YE23. 
  • Consistently exceeded pre-pandemic trading from YE21 onwards. 
  • Operates from freehold premises, which are valued at circa £2.76m and will be included in the sale.

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