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Sat, May 15 2021 03:44:45 PM  |  /

ONLINE FITNESS ACCESSORIES BUSINESS

Business Id:000479     |    Reference: CN059
Price:
£5,000,000.00
Business Description

Introduction

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.

 

2021

2019

10,006

6,388

6,604

5,241

3,402

1,147

 

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.

 

Asking Price

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.

 

Business Information
Turnover:£10,000,000.00 Annually
Is this business relocatable: No
Business Sector: Other Entertainment & Leisure businesses, Ecommerce/Website based retail, Online Retailers
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:
Business Profile
Equipment: na
Key strengths: na
Key Opportunities: na
Financial performance: na
Asking Price: na
Advertising and Marketing: na
Growth and Expansion: na
Premises: na
Business Hours: na
Employees: na
Support and Training: na

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