Overview
Description
The company supplies cars and light commercial vans to the UK’s largest dealerships, offering a comprehensive and variable range of nearly new vehicles.
All stock is acquired at auction and delivered directly to its clients’ premises. As such, the range of makes and models in stock at any one time varies subject to availability; however, its strong relationships with clients enable it to sell the vehicles upon or shortly following purchase.
The company is being offered for sale to facilitate the retirement of the majority shareholder.
Offers invited.
Key Highlights
– Caters to over 1,500 car dealerships and showrooms, including several blue-chip organisations.
– Approximately 85% of clients provide reliable, repeat business, with some relationships spanning up to 20 years.
– Experienced management team in place.
– Operates from leasehold premises based in Merseyside.
– Considerable scope for further expansion through the development of its service offering, with the opportunity to sell vehicles directly to the general public to generate additional revenue.
Financial Highlights
– Turnover of circa £23m, with an adjusted EBITDA of £203k.
– Turnover expected to increase to £24m in YE24, with the adjusted EBITDA reaching £287k.
– Shareholder funds in excess of £2m.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
Similar Listings
The company primarily buys and sells new and used vehicles, as well as some Sale Or Return vehicles. The company also operates a fully equipped workshop, where in-house and retail customers’ vehicles are serviced and repaired. Having earned a reput...
A rare and superb opportunity for a strategic trade partner / acquirer for this long established and fully accredited vehicle leasing broker. Established for over 14 years, our client has built a successful FCA registered business around a recognize...
YE24 annualised turnover of £13m. Stocks new and used Honda models, as well as a selection of used cars from various well-known vehicle manufacturers. Also offers servicing, diagnostics and repair services for cars, 4x4s and light commercial vehicle...
The Car Buying Company of Horsham specialises in quality used Land Rovers and Range Rovers, established in November 2021 by an experienced entrepreneur with prior e-commerce background. With a focus on vehicles from the 2009 to 2012 era and a signifi...
The company is a retailer of used cars, operating a popular e-commerce website that attracts customers nationwide. The business sells high-quality used vehicles, offering a comprehensive range of popular makes and models, and all its vehicles are ful...
Paul Hubbard Commercial are delighted to bring to market a spacious commercial site, which includes an MOT test station, forecourt and separate cottage on a 0.42 acre site. Located on a busy stretch of the A140 in Earl Stonham, Old Forge Garage canâ...
