Overview
Description
A long-established automotive brand supplying a comprehensive range of exhausts and aftermarket parts for customers throughout the UK and internationally.
The business has established an international franchise network, with franchisees based across the UK, Europe and the USA.
Our clients are offering the company for sale as part of their retirement plans.
The managing director advises that they would be willing to remain with the business in a suitable ongoing position, post-sale.
Exclusive distributor and importer for a leading manufacturer and supplier of bending machines and vehicle aftermarket accessories.
Supplies its products to B2B customers, including garages, wholesalers, motor factors and vehicle service centres, as well as directly to private customers.
Maintains strong, long-standing customer relationships, several of which now span over 20 years.
Operates from leasehold premises.
Significant potential to recruit additional franchisees to improve market penetration, as well as build upon its current range of products to provide a more comprehensive offering.
Turnover of £4.3m in YE22 with an adjusted EBITDA of £335k.
YE23 projected turnover of £5.1m with an adjusted EBITDA of £400k.
19% projected increase in turnover between YE19 and YE23.
Strong balance sheet with shareholder funds in excess of £1.1m.
Offers invited.
Is this business relocatable:
Is stock included:
Listed By:
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