Home décor retailer working across multiple e-commerce channels

Our client is offering the business for sale to facilitate other, unrelated endeavours and lifestyle changes. Offers invited.

Key Highlights

– Primarily sells its products to customers within the UK, with some European sales, presenting vast potential for geographic expansion.

– Has retained a versatile workforce, with employees able to take on greater responsibility, post-completion.

– The Commercial Director is well placed to take over the shareholder’s role post-sale; an increase in their salary to absorb Managing Director responsibilities has been factored into the adjusted EBITDA.

– Operates from large warehouse premises, which will be offered on a long-term lease to the business acquirer.

– The warehouse places the company in a prime position close to major transport links, facilitating nationwide product distribution.

Financial Highlights

– Generated a YE23 turnover of £8.98m, with an adjusted EBITDA of £400k.

– Whilst the company experienced a dip in YE23 as a result of the cost-of-living crisis, it is forecast to achieve a turnover of £10.8m in YE24 and £14m in YE25.

– Adjusted EBITDA forecast to increase by 106% between YE23 and YE25.

– Currently, 65% of revenue is procured through Amazon, with sales also received via eBay, the business’s own e-commerce website, and other platforms.

– Active advancements are underway to boost the business’s presence and volume of sales received through its own e-commerce website. Current marketing performance levels have increased the engagement rate by 400%, and a projected 100,000 visitors accessing the website per month should be attainable.