Project Ludgate a promotional merchandise supplier based in Essex. The business is well-established and offers its products across the region. The vendor now wishes to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis.
Turnover for year end 2024 was £2.6m.
Adjusted EBITDA in excess of £690k for year end 2024.
The business offers the supply of various products such as watches, bottles and wireless chargers. All products are branded with clients branding.
Well-established in the region having operated for over 35 years, winning multiple awards for their projects.
The business works with over 200 distributors on a trade only basis.
Multiple accreditations in place, as well as being a 30 year member of the BPMA.
High staff retention rate, with many staff staying with the business for a large portion of their careers. All staff are highly experienced and knowledgeable.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2023 (Actual) | 3,500 | 530 |
| 2024 (Actual) | 2,600 | 690 |
Retirement
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