Profitable Manufacturing and Distribution Business of Bioethanol Fireplaces For Sale
Business Reference: VEX00828
Turnover: £850,000 (forecast to June 2017)
Operating Profit: £380,000 (forecast to June 2017)
Please direct all enquiries to:
(T) 0330 133 2020
Vexus Corporate Ltd. 78 Pall Mall London SW1Y 5ES
Vexus is exclusively retained to find a purchaser for this market leading business. Established for over 5 years, our client is a profitable manufacturer and distributor of specialist residential biofuel fireplaces. With a range of products, the sales are split; 55% direct end user sales and the remaining 45% are wholesale to other retailers.
As the bio-fuel fire market is relatively new, it is growing at a rate of 15%+ annually in the UK with all indicators showing long-term growth in this sector. Due to the fact they can be installed in smoke controlled areas without the need for a flue or chimney, the vast home consumer market will be the driving force behind the growth of this business.
The company has recently secured a new supplier deal that could lead to a US division. This is a niche business with great margins and a strong possibility of expansion both in the UK and in Europe.
Our client seeks an outright sale of 100% of the shares in the business. Ideally the purchaser will have the appropriate expertise and synergies to take the business to the next level. The acquisition of this business offers a unique opportunity for high growth and profit within this fast growth sector.
- Market leader
- Trusted brand with strong awareness in the sector
- Excellent growth potential
- Opportunity to expand into Europe
- High margin business
- Strong relationships with suppliers & retail customers
Reason for Sale
Our client is planning for a change in business direction and feels that they have taken the business as far as they can. We are seeking a suitably qualified and experienced trade purchaser who can continue to grow this business and maximize the considerable opportunity our client has created. A fully managed handover period will be provided for a period of time to be agreed.
This is a rare opportunity to acquire a market-leading business in a fast growth sector. This business will prove an attractive ‘bolt-on’ to a larger business and/or experienced operator working within the consumer product marketplace