Operates from leasehold premises in the South East, UK.
Business Description
The company sells two distinct ranges of branded headphones and wireless speakers, along with a selection of other accessories for mobile devices - totaling 130 separate items in the product range.
Aiming to provide high-quality equipment at competitive prices, the company’s products feature noise isolating technology and Bluetooth connectivity.
The company is being offered for sale as the owners wish to explore other, unrelated opportunities.
Financial Summary
Turnover of £10.4 million with an EBITDA of £569k.
Average gross profit margin of 27%.
Investment Rationale
Excellent relationship with supplier factories who ensure consistently high levels of stock in order to meet growing customer demand.
Ranked in the top 70 largest sellers of 280,000 retailers on Amazon UK, which has granted the company access to several premium programmes such as Prime Day deals and private Amazon account management in the UK.
Many opportunities for growth through the development of a wider range of products, geographic expansion and increased marketing activity.
Several automated processes and SMART bespoke systems/software in place to simplify the roles of the Managing Director and other employees, allowing the company to operate semi-autonomously.
Shareholder funds in excess of £1.75 million.
Debt free company, with excellent credit facilities and cashflow.
Customer Overview
Products are sold to private individuals (end users) via Amazon and eBay, generating additional sales through the many positive reviews left by previous customers.
