BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£600,000
Turnover / revenue:
£600,000
Net profit / cashflow:
Undisclosed
Years established:
14
Trading hours:
Monday to Friday: 9:00am – 5:00pm but flexible depending on business needs.
Number of employees:
4
Employees / staffing:
There are 4 full time staff including:
Current director
Polisher and floor replacing specialist
Floors, gutting out and patching up specialist
Carpenter and fitter out
In addition to the employed staff there are approximately 7 self-employed staff that work flexibly as and when required including:
Welder
Carpenter
12 Volt Electrician
Electrician
Towing and Delivery Service paid by mileage
Axle Conversion company
OTHER DETAILS
Reason for selling:
This is a retirement sale.
Support and training:
The existing directors and shareholders will provide full support and training to any
purchaser.
The owner is willing to stay on for a period of 6 months and source a further 10 airstreams from the USA.
All the current employees have been offered incentive packages to stay on for a minimum of 12 months to ensure a smooth and orderly handover to new owners.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Asking Price: £600,000
Location: East Sussex
Business highlights include:
An outstanding opportunity to purchase a unique business
A vintage travel trailer business
Outstanding Bespoke Models
Well Established client base
Huge Expansion opportunities
Demand exceeding supply
Specialist experienced and loyal team who will remain in place
Excellent sourcing network in US and UK
Flexibility to run from current premises or to relocate
Waiting list of clients looking for custom built trailers
Hand crafted and restored beautifully
Consistent and increasing turnover circa £600,000 p.a.
Adjusted EBITDA circa £196,000 p.a.
Net assets including Cash at Bank circa £200,000
Business Profile
We are offering for sale a very well-established business originally founded in 2007 as a result of a passionate interest from the current owners.
The businesses sources, imports and refurbishes Airstream and other American Vintage travel trailers from the1950’s to the early1970’s.
To meet UK requirements there are numerous amendments and adjustments that are required to make the restoration and conversion to UK and European roads.
Over the past twenty years the current owners have built a wealth of experience and network of contacts, employees and consultants to source and bring back to life the most amazing trailers.
What started as a small business has now grown into a much larger concern and requires new ownership to develop the business further.
Demand is consistently exceeding supply at present and there is a large waiting list.
The customers can buy from existing stock or work with the team to develop a truly bespoke trailer.
Customers
The business has a large and loyal customer base ranging from all over the UK and Europe. The business sells parts and advises on servicing needs as well as restoration.