Cash-and-carry operating from prominent premises

Project Venditio retails a comprehensive range of products, covering DIY tools and garden equipment; building materials and decorating accessories; household and pet products; stationery; and seasonal goods, such as outdoor furniture, festive decorations and fireworks.

The company operates with a network of 110 suppliers, ensuring a diverse product offering at competitive prices.

The business benefits from high volumes of repeat custom from resellers, trade organisations and the general public from within a 50-mile radius of the premises.

Our client is now offering the company for sale to facilitate retirement plans. Offers invited.

Key Highlights

– 26,000 active customers.

– Core customer relationships span 10+ years.

– Has built strong, long-standing relationships with many resellers and tradespeople.

– Two candidates available who can absorb the exiting Directors’ duties, with a third capable of supporting the second-tier management team with further training.

– The premises, based in Northern England, retain vast scope for development through constructing extensions to the existing building and expanding the car park.

– Many of the UK’s wholesaling markets are expected to continue growing in the years to 2028/2029, placing the company in a prime position from which to take advantage of evolving sector and consumer trends.

Financial Highlights

– Generated a YE23 turnover of £3.6m, with an EBITDA of £844k.

– Average gross profit margin of 37% achieved between YE21 and YE23.

– Consistently exceeded pre-pandemic trading from YE21 onwards.

– Operates from freehold premises, which are valued at circa £2.76m and will be included in the sale.