Project Viper

Posted by Corporate Finance
Category:
  • Business for sale
  • Central England
  • This position has been filled.

Project Viper

A supplier of wood finishing materials based in Central England

Overview

Baldwins Corporate Finance has been instructed to find a purchaser for a leading supplier of wood finishing materials based in Central England.

The broad product range includes tools, abrasives, oils, spriritsm varnishes, wax, paints, polishes and brushes.

The company’s success has come from its ability to have leading brand suppliers, a broad product offer, competitive prces, expert product advice and next day deliveries.

Key Selling Points

  • Low customer dependency.
  • A multi-channel business with online sales of 76% from its websites and third party marketplaces.
  • Significant levels of repeat business.
  • Approximately 75% of sales are B2C.
  • Well organised facility and an experienced and loyal workforce.
  • Significant turnover growth over the last three years, largely due to:
    • An increased online presence from an additional website and increase use of online marketplaces;and
    • Growth in repeat customers.
  • Well managed overheads ensuring increasing EBITDA margins are achieved.
  • Further growth opportunities including:
    • The development of addition websites;
    • The sale of complementary products; and
    • Leveraging the semi-variable cost base and increased labour utilisation.

Financial Highlights

FY17 Turnover: c.£2.94m

FY17 Adj. EBITDA: c.£0.23m

Next Steps

For further information please complete our Online NDA below or contact:

Phil Eggleshaw

Corporate Finance Researcher

+44 (0)7815 725 314

phil.eggleshaw@baldwinandco.co.uk

 

For us to be able to provide you with further information, we will require you to complete the form below and agree to our non-disclosure terms, our non-disclosure agreement can be found here here


Rationale For Interest:* Management Buy-InTrade buyerVenture Capital

Anticipated source of funding:* Acquirer’s existing cash or debt facilitiesAcquirer’s new facilitiesTarget secured debt

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