Prominent independent supplier of industrial products

Our clients are offering the group for sale to facilitate early retirement plans. Offers invited.

Key Highlights

– 24,000+ product lines.

– 2,400 active customers.

– Customers operate within sectors such as construction, automotive, food and drink, engineering, agriculture and aerospace.

– Proficient sales team maintains regular contact with customers, playing a key role in customer retention and upselling.

– Major customer accounts benefit from tailored pricing structures, retained on 12-month, fixed-rate agreements.

– Strong second-tier management team in place; workforce is renowned for its technical expertise and operational excellence.

– Three strategically located branches in the west of Great Britain, which are leased from one entity within the group.

– Premises can be included in the sale.

Financial Highlights

– Generated a YE23 turnover of £10.57m, with an EBITDA of circa £650k.

– Forecast to achieve a YE24 EBITDA of circa £770k.

– Operates without reliance on any particular account or market; no customer generates more than 10% of the turnover.

– UK-wide sales are facilitated by the three branches and the optimised e-commerce website.

– Approximately 80% of customers make repeat purchases, with some relationships spanning over 35 years.

– Circa £100k of live quotations at any one time, with prospective orders and customers anticipated to become highly lucrative relationships.