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Reference: 150344

ID: MV0115

Well Established Textile Distribution Company

United Kingdom

A leading distributor of sewing and knitting machinery to the textiles industry - operating on an international basis.

Reference: 150344

ID: MV0115

Register Interest
Turnover:
£2.2m
Profitability:
6.7%

Location

The business operates from leasehold premises which are owned by the shareholders, based in the south of the UK.

Business Description

The business is a well-established, industry leading distributor of high-quality textile products including knitting, sewing and overlocker machines.

In addition, the company also supplies a wide range of threads and yarns in various ply and colours, that are compatible with all of the machines it offers.

Having built up a successful business over the course of 30 years, the shareholders are now offering the company for sale as part of their plans for retirement.

Additionally, there is willing for a mutually agreeable handover period to facilitate a smooth transition to a new owner.

Financial Summary

  • YE19 turnover of £2.2m with an EBITDA of £148k.
  • Maintains an average gross profit margin of 30%.
  • A Strong balance sheet, with YE18 shareholder funds in excess of £1.7 million

Investment Rationale

  • There is a strong pipeline in place with a prominent textiles retailer.
  • Scope for further growth by taking on more proactive marketing techniques.

Customer Overview

Serves over 150 active clients, 90% of whom provide the company with reliable, repeat business on an ongoing basis.

Team Overview

Strong second-tier management team is in place, capable of running the company on a day-to-day basis, with minimal input from the Directors.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.

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