Project Celerity is a highly regarded motorcycle accessory retailer with an international customer base.
Possessing excellent stocks of a variety of items, the business provides a comprehensive range of motorcycle products from leading brands across the globe. These include helmets, visors, clothing, parts, luggage, and dirt bikes.
All products are available via the company’s e-commerce website or in-store, where the business’s team of experts can fit an array of tyres and parts and provide advice on products, alongside servicing and repair work.
Our client is now offering the business for sale to facilitate their retirement plans.
Offers invited.
Key Highlights
– Maintains strong relationships with leading suppliers.
– International online presence, with sales deriving from the UK, Ireland, the USA, Canada, Australia, and Europe.
– Provides products to over 100 countries.
– Second-tier management team in place, supported by a highly skilled team of motorcycle experts and technicians.
– Operates from premises that feature a retail store, workshop, and warehouse. The premises are owned by the shareholder who is willing to negotiate a long-term lease agreement.
– Currently in discussions with a reputable brand to introduce heated motorcycle clothing to expand the company’s extensive product offering.
Financial Highlights
– YE24 turnover in excess of £5.5m.
– Adjusted EBITDA of £611k achieved within the same year.
– 85% of turnover is generated from e-commerce sales, with the business not reliant on any particular customers.
– Strong shareholder funds that have consistently grown since YE21.
Business, Other Retail Businesses, Retail Businesses
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