Overview
Description
Turnover of £20.8m, with an EBITDA of £1.2m. Management turnover of £15m. Caters to private individuals, receiving a high volume of repeat business. Specialises in vehicles from prestigious manufacturers, including Aston Martin, Bentley, Mercedes, Range Rover and Tesla. Operates a well-equipped workshop, enabling the provision of vehicle servicing, MOTs and repairs. Additional income derives from commission generated by the sale of finance, warranty and insurance policies Excellent relationships with suppliers of used vehicles, through which it receives access to discounts and lower fees. Sales are carried out in person and over the phone or internet, with
nationwide delivery offered on all vehicle models. Ideally situated to explore opportunities for further growth, which could
be achieved through the introduction of upselling opportunities and increased marketing activity. Experienced second-tier management team in place. Operates from two leasehold sites in the Midlands: a vehicle showroom and a workshop. Both are owned by the Shareholders and may be included in the sale on a freehold or rental basis The company is being offered for sale due to the retirement plans of one of the Directors and to allow the other to explore other, unrelated opportunities. Offers invited.
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