Independent Timber & Sheet Material Merchant Company
An opportunity has arisen to acquire an independent timber merchant business with a solid trading record of almost three decades. This family run business benefits from a knowledgeable and dedicated team in place.
The company specialises in providing high quality timber products for outdoor and indoor building requirements as well as a wide variety of construction timbers to accommodate a variety of applications. The quality of its product range is assured by its FSC and PEFC certifications.
As an established industry player, the company has over the years developed a robust and wide-ranging supplier network, with key imports from Northern Europe and the Far East. The company also has a number of UK supplier relationships, ensuring a range of options from different sources.
This profitable business has an established and diverse customer base within the building trade, as well as local authorities and a steady and growing customer base in the Creative/Media sector where they have developed a niche.
The company operates from well-appointed premises, which offer ample space for the vast range of materials currently available, and potential for further product lines.
Highlights
- Trading record of almost three decades.
- High-quality timber products for construction, indoor and outdoor requirements.
- Thriving and expansive trade customer base.
- Strong and varied supplier network.
- Well-appointed and spacious premises with ample room for expansion.
Financial Overview
| Y/E: 31st Dec | 2019 | 2020 | 2021 | 2022 |
| Sales revenue | £4,995,709 | £5,493,519 | £8,398,546 | £6,182,000 |
| Gross profit | £882,816 | £1,039,096 | £1,840,311 | £1,136,000 |
| Percentage | 18% | 19% | 22% | 18% |
| Adjusted EBITDA | £237,071 | £459,426 | £1,227,049 | £339,000 |
| Percentage | 5% | 8% | 15% | 5% |
Directors’ replacement cost is accounted for within the Adjusted EBITDA.