Turnover of £3.4m achieved in YE23 with an adjusted EBITDA of circa £335k.
Projected turnover of £3.6m for YE24 with an adjusted EBITDA of circa £290k.
Operating primarily on a B2B basis, the company offers a wide range of precision tools, lighting and magnification equipment, as well as ultrasonic cleaning tanks across various sectors, including hobby and craft, engineering, electronics and other specialist industries.
The business is now being offered for sale to facilitate the chairman’s exit strategy and growth under the impetus of new ownership.
Operates from leasehold premises and utilises a third-party logistics company for warehousing.
Offers invited.
Business, Distribution Businesses, Electrical Retail Businesses, Miscellaneous Businesses, Other Distribution Companies, Other Service Businesses
Electrical Retail Businesses, Miscellaneous Businesses, Other Distribution Companies, Other Service Businesses
£3,400,000
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