Sports Merchandise Company
Business overview
– Opportunity to acquire a highly successful sports merchandise company.
– Based in the South East UK within easy reach of London and the motorway network.
– A highly profitable and cash generating business with a strong balance sheet.
– 10% year on year growth for the last 5 years despite the difficult economic climate with a target to achieve a turnover of £1.3m in 2014.
– Solid client base of corporates, sports clubs and sports associations.
– 80% of turnover is repeat sales to around 740 existing client accounts.
– Niche product range and well known brand in the sport merchandise market.
– Well run company with financial systems and second tier management in place.
– Significant potential to increase sales and profitability far beyond the annual 10% growth achieved to-date.
– 3 directors + 2 management + 5 sales/admin staff + 7 workshop/warehouse staff
– Leasehold premises in South East UK.
– Reason for sale: Retirement.
Financial overview
| Year ending 30th Nov | 2010 | 2011 | 2012 | 2013 | 2014 |
| Sales revenue | £866,588 | £990,479 | £1,094,087 | £1,193,060 | £1,300,000 |
| Gross profit | £370,275 | £409,694 | £444,703 | £475,187 | £520,000 |
Percentage | 43% | 41% | 41% | 40% | 40% |
| Adjusted EBITDA | £221,991 | £251,128 | £270,249 | £280,938 | £310,000 |
Percentage | 26% | 25% | 25% | 24% | 24% |
– The adjusted EBITDA takes into account the replacement cost for the directors.