Online retailer of insulation solutions
Ref. GE091
Location Must be relocated
Asking Price £1,100,000
Business Profile
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of an on-line retailer of insulation solutions.
Key strengths:
The business has the following key attributes:
• Very well established, longstanding specialist insulation solutions websites.
• Very high rankings in Google and all other major search engines.
• Emphasis on product information and transaction, reducing the need for high levels of ‘live’ customer service assistance during purchasing decision making process.
• Major branded products supplied by specialist insulation and building products distributors.
• Reputation for good quality products at competitive prices.
• Easy business to manage – excellent bespoke management systems; all product drop shipped.
• Part-time ownership involvement.
• Extensive growth and expansion opportunities.
• Easily re-locatable. The business provides an acquirer with:
• An ideal bolt on or extra on-line presence for an existing e-commerce retailer possibly already involved in the building products sector.
• An excellent starter business opportunity possibly for an individual, family or even for an existing High Street retailer, to establish an online presence in the building products sector.
Financial Profile:
For the financial year ending July 2014, the Business generated turnover of almost £1.6 million, gross profits in excess of £380,000 and an EBITDA (Earnings before interest, tax, depreciation and amortisation of costs) of almost £320,000 before Director’s costs. For the current financial year it is estimated that EBITDA will be closer to £370,000.
The Asking price of £1,100,000 is for a sale of 100% of the Issued Share Capital in the Business based on a Balance Sheet value, adjusted to exclude some financial assets not included with the sale, of £49,400.
