Reseller of Apple Branded Products Based in North West England

– Offers a 12-month warranty on all new and refurbished products for trade and retail customers.

– Wide-ranging and diverse B2B and B2C customer base, with a high rate of retention of trade customers.

– Excellent e-commerce website that experiences high traffic with more than 22k online customer accounts.

– Strong second-tier management team in place that can undertake many daily operations with minimal oversight.

– Operates from leasehold premises.

– Focusing on growing the sales team, securing more contract work, and offering a buy back service would contribute to the companies’ ongoing expansion.

Financial Highlights

– Combined turnover of £5.6m in YE23 with an adjusted EBITDA of £580k.

– Forecast increase in turnover of 16,093% since the company providing B2B sales was added to the group in 2021.

– Forecasted turnover of £10.2m in YE24, with an adjusted EBITDA of circa £2.3m.