Number of employees: 12
Asking price: 5 x EBITDA
This fast growing business was established 12 years ago by the current owner. The company works with London based Blue Chip and B2B businesses and provides mobile services.
The company has grown 20% each year over the past few years.
Current turnover is £3M with a NP of £1.2M. The seller is certain that in the right hands the business is able to reach £10M in a couple of years. The turnover next year is anticipated to be £5M with a NP of £1.6M
The owner is now considering a sale as he has moved outside London and owns a different business in a non related sector, he doesn’t have enough time to allocate in growing the company and would like to sell to someone who can focus on exploring its potential and double the turnover in the following years.