Online retailer of bedroom and bathroom products

Products sold by the company offer solutions to common problems surrounding bathroom fixtures and fittings, with many having very little like-for-like competition within the wider market.

The shareholders are offering the company for sale to facilitate the managing director’s retirement.

Offers invited.

Key Highlights

– Operates internationally, generating 72% of sales from private individuals via its websites. This is complemented by sales to other distributors and commercial customers.

– Sales are generated through the company’s websites, which benefit from circa 24,000 visitors each month.

– Experienced second-tier management team in place.

– Operates from two leasehold sites, one of which may be included within the sale.

– Plans to launch a new website for the bathroom side of the business in 2024 are expected to increase revenue in this area.

Financial Highlights

– Turnover of £844k, with an adjusted EBITDA of £144k.

– The range of bedsheets has demonstrated growth of 30% per annum since 2021, with increased marketing spend having scope to double current levels of success.