Supplies Products and Equipment for Hobby, Craft, and Electronics Distributors

The business is now being offered for sale to facilitate the chairman’s exit strategy and growth under the impetus of new ownership.

Our clients are open to all types of structured deals subject to terms.

Offers invited.

Key Highlights

– Supplies products under its own brands, as well as offering a private label service.

– Works with trusted manufacturers and provides well packaged and presented products.

– Serves a wide-ranging and diverse international customer base that includes engineering, electrical and hobby distributors, retailers and exporters.

– Strong staff team in place that provide expertise in their individual areas.

– Operates from leasehold premises and utilises a third-party logistics company for warehousing.

– Is adding new product listings to current customer ranges.

– Upselling additional product ranges to existing customers and working to develop international business within current customer groups will provide ongoing growth for the company.

Financial Highlights

– Turnover of £3.4m achieved in YE23 with an adjusted EBITDA of circa £335k.
– Projected turnover of £3.6m for YE24 with an adjusted EBITDA of circa £290k.