Online Retailer of Decorative Lights – Based in Southern England

Offers invited.

Key Highlights

– Lights are available in a wide range of styles and power options, from battery-powered through to USB- and mains-powered lights.

– Approximately 70 different products in stock, with the average order value standing at circa £15.

– Operates entirely online via its own e-commerce website, as well as through Amazon and eBay.

– Dedicated in-house team, with customer service operatives outsourced, and temporary staff hired during peak times.

– Operates from warehouse premises, which are owned by the shareholders and can be leased to a new acquirer, subject to negotiations.

Financial Highlights

– YE23 turnover of circa £1.2m.

– Adjusted EBITDA of £192K achieved within the same year.

– Average gross profit margin of 69% between YE21 and YE23.

– 95% of sales are generated from the UK, with the remaining 5% deriving from Europe.