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Deal Opportunities.co.uk

the UK marketplace for company sales

Retailer of office furniture

Reference
S11519
Turnover
£5m to £10m
Sector(s)
Leisure, Miscellaneous, Retail & wholesale
Region(s)
Yorkshire and the Humber
Added
09 April 2024

Business description

The company provides a comprehensive range of office furniture for wholesale to office furniture suppliers throughout the UK and Ireland.

Its offering comprises a wide range of seating solutions, boardroom and
meeting tables, desks, pedestals, storage solutions, screens and dividers, and complementary accessories.
Customers can make orders directly on the company’s e-commerce website, or via container directly from the factory. The business manages all aspects of the process from import to delivery.
Having built a strong reputation in its sector, the company benefits from an
established customer base.
The company is offered for sale to facilitate retirement plans.
Offers invited.

Highlights

  • An ideal turnkey acquisition opportunity for investors or synergistic
    businesses. 
  • The company utilises its own fleet of trucks and vans for deliveries, which are included with the sale. 
  • Managing director willing to provide a handover period; alternatively they are able to stay with the company following the completion of the sale, subject to discussion. 
  • Easily scalable business model with excellent franchising opportunities. 
  • Operates from freehold premises valued at circa £3 million. These can be included in the sale, subject to discussion. 

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 4,577 1,031
2021 (Actual) 4,878 1,194
2022 (Actual) 6,052 540
2023 (Actual) 6,589 1,129
  • Turnover of over £6.5 million in YE23.
  • Adjusted EBITDA in excess of £1.1m achieved in the same year. 
  • Robust gross profit margins averaging 39% in the last four years. 
  • Year-on-year growth.

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