The opportunity exists to acquire, by way of a share purchase, all of the issued capital in is this on-line fitness accessories (“the Business”).
The Business sells a variety of accessories for the fitness market through Amazon, ebay and its own website. In the financial year 2019-2020 the Business achieved a turnover of £6 million and is currently on track to do sales of £10 million in the current financial year.
Its products are sold across the whole of Europe and its unique selling proposition is driving its exponential sales growth.
Its brand is trade-marked and the vendors have invested and continue to invest heavily in its online presence.
In 2019-20 the Adjusted EBITDA, after allowing for a replacement M-D, was c£622,000. The expected Adjusted EBITDA for the current financial year is c£1,156,670.
OIEO £5m including NAV are invited for 100% of all the issued capital of the company.
Reasons for Sale
The vendors have taken the business are far as they can and are seeking new challenges, although they are prepared to continue to work for the buyer if required for a period of time.
|Is this business relocatable:||No|
Other Entertainment & Leisure businesses, Ecommerce/Website based retail, Online Retailers
|Total Views:||Club Member only|
|Impressions:||Club Member only|
|Total Enquiries:||Club Member only|
|Last Viewed:||Club Member only|
|Last Updated:||Club Member only|
|Last Enquiry Made:||Club Member only|
|Advertising and Marketing:||na|
|Growth and Expansion:||na|
|Support and Training:||na|