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 reputation for being trustworthy within the local area, the company has built a base of repeat customers and a long-standing, solid reputation for providing quality vehicles and an outstanding service.

The company is now being offered for sale to facilitate the semi-retirement plans of the shareholders.

Our clients are open to all types of structured deals subject to terms.

Offers invited.

Key Highlights

– Is a member of the IMDA, the FSB and Lawgistics.

– Benefits from a diverse customer base, primarily serving customers in the East Midlands region, with some sales also made across the UK and a minority made internationally.

– Operates from ideally situated premises, the freehold of which may be included in the sale. It is close to a railway network and 10 minutes from an aitport, making it an ideal location for a franchise.

– Investing in additional land or larger premises would enable the company to hold more stock and increase sales.

– Having experienced primarily organic growth, there is vast scope to introduce proactive marketing, such as creating an online presence, to significantly expand the company’s customer reach.

Financial Highlights

– Turnover of £3.8m achieved in YE23 with an adjusted EBITDA of £610k.

– Has achieved a 44% increase in turnover between YE21 and YE23.