Acquisition Opportunity - Project Bubbles

Mazars LLP are seeking potential investors/purchasers for a seasonal gifts / hot tubs / garden furniture supplier.

Background

▪ Incorporated in 2014, the company trades predominantly as a B2B wholesaler and supplier of seasonal gifts including promotional gifts for Christmas, Halloween, birthdays and coronations. Most orders were secured at trade shows. The company also supplies summer stock including hot tubs, accessories and garden furniture.

▪ The stock consist of unique hot tubs and Christmas supplies, both with exclusivity licences (to be negotiated). In addition they supply trademarked Blue Sparkle products.

▪ The company operates from freehold premises in North Hertfordshire, purchased in 2016.

▪ Three tenants of the freehold property generate £46,000 annual rental income.

▪ A total of 25 people are employed by the company.

▪ Principal assets comprise freehold premises, plant & equipment, stock, wholesale knowledge and expertise.

Financial Highlights

£

FY19

FY20

FY21

Turnover

1,516,337

5,518,963

10,377,673

Gross Margin

14%

13%

13%

EBITDA

20,697

463,183

578,403

Freehold property

404,627

490,939

518,039

Plant, equipment, F&F Vehicles

108,428

89,608

117,991

Stock

675,000

599

1,275,550

Key selling points

▪ Well established brands.

▪ Strong lead generation through online/social media presence.

▪ Established reputation at trade fairs.

▪ Retail branch network.

▪ Tenants in situ at trading premises.

Next steps

Further information will be available on request and will be provided upon receipt of a signed non disclosure agreement. Marketing is being undertaken on a compressed timetable and as such offers should be submitted along with proof of funding as soon as possible and no later than 6 March 2023.