Overview
Description
Based in West Yorkshire, the company imports and distributes a range of automotive car parts, specialising in steering and suspension products, sold under the company’s own brand.
Priding itself on its excellent products and customer service, the company has developed a large, loyal, repeat customer base that primarily comprises independent motor factors nationwide.
Our clients are now offering the company for sale to facilitate their retirement plans.
The shareholders are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
– Longest customer relationships span seven years.
– Over 350 customers in place that provide repeat business.
– Operates from leasehold premises.
– Could introduce new product ranges to expand revenue, as well as increasing all proactive marketing activities.
– Scope to move into the EV market, which is set to show considerable growth over the coming years.
Financial Highlights
– Turnover of £2.3m achieved in YE23 with an adjusted EBITDA of £140k.
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