An independent electrical wholesaler based in the Midlands

The managing director is offering the company for sale to facilitate his exit from the business. He has advised that he may be willing to remain with the business and work with a new owner to facilitate further growth, subject to the deal structure presented.

Offers invited.

Key Highlights

– Product range covers all areas of lighting, cabling, ventilation, solar panelling and electric vehicle charging.

– Stockholding of circa £1.5m in value, with scope to access over £500m worth of stock via its relationships with UK buying groups.

– Caters to 150 active customers across the housebuilding, commercial building management and renewables industries, all of which provide regular repeat business, with some relationships spanning 20 years.

– Experienced management team in place to lead the business post-sale.

– Operates from leasehold premises.

Financial Highlights

– Turnover of £12m for YE24.

– Achieved an adjusted EBITDA of £659k in the same year.

– Projected turnover of £13.8m for YE25.

– Adjusted EBITDA expected to rise to £758k in YE25.