Electrical Wholesaler and Distributor – based in North East England

Financial Highlights
YE22 turnover of circa £6.5 million, with an adjusted EBITDA of £530k.
Gross profit margin of 19%.
Year-on-year growth.

Overview
The company is an electrical wholesaler and distributor based in the north east of England.
With many decades in the industry, the company is an established supplier to commercial customers and trade professionals, and also assists in tenders for large construction and renovation projects.
The company operates from three branches in the North East; UK-wide delivery is also offered.
The sale is being offered to facilitate growth under the impetus of new ownership; the directors and management will remain for a minimum of one-to-three years.
Offers invited.

Key Highlights
95% of customers provide recurring business.
Operates from three leasehold premises.
Strong secondary management structure with vast industry and company experience.