Overview
Description
The company is an award-winning automotive dealership specialising in new and fully reconditioned used cars from a leading manufacturer, along with all-terrain amphibious vehicles.
In addition, the company operates an in-house service, testing and repair centre, from which it also sells spare parts and accessories.
The shareholders are offering the company for sale as part to facilitate their retirement.
Offers invited.
Key Highlights
– Caters to private individuals, with some sales of all-terrain vehicles generated by the utilities sector.
– Loyal customer base, with several individuals having purchased multiple vehicles throughout the company’s history.
– Generates a steady stream of income through its workshop, with most customers returning annually for MOTs and servicing.
– Experienced second-tier management team in place, with one of the shareholders willing to provide a handover period of up to one year.
– Benefits from minimal competition within the local area, with its freehold premises ideally located to showcase the abilities of its vehicles. The premises will be included in the sale.
All-terrain vehicles provide considerable scope for expansion, with potential to explore new markets, such as the emergency services, mountain rescue, and holiday parks.
Financial Highlights
– Turnover of £3.6m, with an EBITDA of £182k.
– Pipeline currently valued at over £200k.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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