- £0.5m to £1m
- Leisure, Miscellaneous, Retail & wholesale
- UK Wide, Outside UK
- 10 July 2019
A highly respected wholesaler and distributor of high-quality branded knitting needles and accessories, serving customers throughout the UK and internationally.
Products offered include double-pointed needles, crochet hooks, interchangeables, fixed circulars, accessories and sets and cases.
Our clients are offering the company for sale as part of their retirement plans.
- Holds exclusive rights to a knitting needle brand.
- Has in excess of 500 customers who all provide ongoing, reliable revenue.
- Products are available in bamboo, steel and stainless steel sharp.
- Sells to international retail outlets in countries such as Australia, Denmark, France, Italy, Japan, New Zealand and Sweden.
- Operates from 1,722 sq ft leasehold premises.
- Candidate available to undertake a senior-level management position, post-sale.
||Adjusted EBITDA (£'000)
- YE19 turnover of £803k.
- Adjusted EBIT of £150k in the same year.