Menu

Deal Opportunities.co.uk

the UK marketplace for company sales

Household furniture

Reference
S6951
Turnover
£25m to £50m
Sector(s)
Distribution, freight & logistics, Miscellaneous, Retail & wholesale
Region(s)
UK Wide
Added
19 March 2020

Business description

The company imports and distributes household furniture products, currently offering a collection of over 500 items in a wide range of styles, with highly competitive pricing. 

Working with a carefully selected network of reliable manufacturers, the company designs, sources and distributes high-quality products on behalf of its clients, focusing on the delivery of appealing merchandising.

Having implemented dedicated end-to-end system integration and automation, the company has streamlined its operations to satisfy the demands of the high-volume online retail market and currently processes more than 8,000 direct home deliveries each week. 

Having built up an excellent operational management team, our clients are now offering the company for sale to pursue unrelated ventures, subject to a reasonable handover with the purchaser.

Highlights

  • Currently works with 220 active clients based across the UK, 95% of whom
    provide reliable, repeat business. 
  • Maintains a strong, long-standing relationships with prominent clients, including blue-chip companies in the online and high street retail markets.
  • The company has developed a robust product management workflow, whereby its product management software, ERP system and clients’ platforms are fully integrated, facilitating the efficient launch and management of all products and orders. 
  • Highly skilled and loyal management team in place, possessing the necessary skills and expertise required to independently manage day-to-day operations and drive further growth on an ongoing basis. 
  • Operates from ideally located freehold premises based in North West England, based across 55 acres of company-owned land and offering significant scope for further expansion.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2016 (Actual) 12,736 721
2017 (Actual) 19,983 1,801
2018 (Actual) 17,396 2,240
2019 (Actual) 22,931 2,001
2020 (Forecast) 25,781 3,722
  • Achieved turnover of £22.9 million in YE19, with an adjusted EBITDA of
    £2 million. 
  • Turnover projected to rise to £25.7 million in YE20, with adjusted EBITDA also on course to exceed £3.7 million. 
  • Consistently strong gross profit margins, averaging 19% across the last five years. 
  • Bedroom furniture products consistently account for the majority of turnover, supplying £14.1 million revenue in YE19, rising from £11.7 million in YE18 and accounting for 62% of all sales. 
  • The contribution of monthly revenue to annual turnover fluctuates between 7% and 9.4% for any given month, demonstrating the consistent demand for the company’s services throughout the year and the reliability of its income.
  • Possesses net assets valued in excess of £3.4 million, including property, plant, machinery and vehicles.

Contacting the person who posted this opportunity

All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.

All the information available to us for this opportunity is shown above. We do not have any additional information.

Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.

You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.

Register Log in now Get their contact details without logging in

Log in

Forgot your password? | Don't have an account? Register here

Please submit your contact details

Once submitted, an automated email will be sent to you giving you the full contact details of the person responsible for this opportunity. This is entirely free of charge.

Your contact details:

Businesses for sale