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Deal Opportunities.co.uk

the UK marketplace for company sales

Wholesale hospitality supplies

Reference
S7680
Turnover
£5m to £10m
Sector(s)
Business services, Food & drink, Hotels & restaurants, Leisure, Retail & wholesale
Region(s)
UK Wide, Outside UK
Added
23 April 2021

Business description

The company works with a trusted network of established manufacturers to provide an extensive selection of high-quality hospitality supplies, including chemicals, labels, cleaning tools and food service products.

To ensure that it stands apart from its competitors, the company endeavours to continually enhance its product range in line with evolving industry trends, establishing itself as a trusted one-stop supplier for its clients, with its dependable delivery services ensuring that clients can receive all items that they require as quickly as possible. 

Having built up a strong and respected business, our clients are now offering the company for sale as part of their retirement plans.

Highlights

  • Works with over 400 active clients within a wide range of industries, with a particularly prevalent presence in the hospitality, leisure, cleaning, food and drink, and e-commerce sectors. 
  • Maintains strong, long-standing client relationships, a number of which span over 10 years, and continues to benefit from a high volume of new, repeat and referral custom. 
  • Highly experienced management team in place, possessing the necessary skills and expertise required to reliably manage day-to-day operations on an ongoing basis. 
  • Operates from leasehold premises based in the Midlands, benefitting from excellent transport links across the country.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 2,646 236
2018 (Actual) 3,765 410
2019 (Actual) 3,867 590
2020 (Actual) 8,364 1,987
  • Achieved turnover in excess of £8.3 million in YE20, with an EBITDA of circa £2 million. 
  • The company has achieved consistent year-on-year growth since its foundation with turnover and EBITDA increasing by 116% and 236%, respectively, in the last year. 
  • Maintains strong gross profit margins, averaging 31% across the last four years. 
  • Due to the consistently high level of demand for its essential products, the company has continued to trade successfully throughout the Covid-19 pandemic, with turnover and profitability anticipated to reach at least 94% of originally anticipated levels in the current year.

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