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the UK marketplace for company sales

Poplar veneers & slats for brick & block industries

Reference
D7533
Turnover
Less than £0.5m
Sector(s)
Manufacturing
Region(s)
East of England
Added
03 March 2021
Offers required by
August 30, 2021 - 10:00am

Business description

Key attractions of business:

  • Unique ethically sourced products for packaging industry
  • Well fitted industrial premises 
  • Established over 30 years
  • Great location with excellent road links
  • Suitable bolt-on opportunity for complimentary timber or pallet business
  • Opportunity for lifestyle buyer
  • Strong asset base  

Highlights

  • Significant capacity for growth
  • Would benefit from dedicated sales process and increased lead generation
  • Opportunity for trade buyer to diversify or lifestyle buyer to be own boss 

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 218 0
2018 (Actual) 166 0
2019 (Actual) 129 0
2020 (Actual) 123 0

Opportunities

The trading assets would cost more than £500k to purchase new. The vendor is seeking offer in excess of £100k for the assets and goodwill and will not contemplate offers below £100k. A full list of assets and sales pack will be made available on signing an NDA and proof of funds. 

Reason for sale

The vendor is not involved with the running of the business and is concentrating on other unrelated interests and therefore wishes to explore the option of selling. 

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