E-Commerce Provider of Personalised Bags and Luggage – Based in Southern England

– Benefits from a strong foothold in the USA, UK and Saudi Arabia markets.

– Excellent reputation within its sector.

– Experiences regular repeat custom.

– Knowledgeable and proficient second-tier team in place.

– The business is well-known within its sector and benefits from numerous celebrity endorsements.

– Operates from leasehold storage and warehouse facilities.

– Presents an ideal bolt-on acquisition for companies looking to extend their product offering and customer base.

Financial Highlights

– Turnover of circa £5.5m in YE23.

– Adjusted EBITDA of £1.1m achieved within the same year.

– Gross profit margin of 27%.

– Achieved year-on-year growth in turnover.

– Has no reliance on any one particular customer to generate income, with no individual account providing more than 1% of its turnover.

– Benefits from circa 120k visitors to its website per month with a 2% conversion rate.