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the UK marketplace for company sales

E-bikes, mechanical bikes & related accessories

Reference
S7821
Turnover
£2m to £5m
Sector(s)
Retail & wholesale
Region(s)
UK Wide, Outside UK
Added
10 June 2021

Business description

Utilising a diverse supplier network, the company supplies e-bikes and related products, including mechanical bikes, powered ride-along toys and accessories, to mass retailers across the UK.

Services offered are designed to meet the requirements of individual clients and include the provision of own-label e-bikes and related accessories.
The company caters to various clients, including some blue-chip organisations. Several of these clients are large retailers with multiple stores nationwide, all of which provide repeat business on an ongoing basis.

The Shareholders are offering the Company for sale to facilitate its expansion under new ownership.

Offers invited.

Highlights

  • Utilises a design and marketing team which creates high-quality advertising material. 
  • Shareholders willing to remain in their roles, post-sale, enabling the company to move forward from a position of strength. 
  • Operates from ideally located leasehold premises. 
  • Excellent growth potential, particularly through increased sales and marketing activity and the acquisition of warehousing facilities, which would allow it to hold stock.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 5,274 412
2020 (Actual) 3,794 292
2021 (Forecast) 3,967 280
2022 (Forecast) 7,014 1,283
  • Turnover of £3.9m in YE21 with an adjusted EBIT of £280k.
  • Projected turnover of £7m. A Order book of £6m. 
  • YE20 reflects the Company’s first full year of trading as a limited company. The company previously traded as a LLP. 
  • Positive growth in 2020 due to increased demand for cycling products.

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