Provider of Worldwide Pricing Insights of the Vehicle Market – Based in Northern England

  • Price: Offer Invited
Seller Ref:155224
For Sale

Provider of Worldwide Pricing Insights of the Vehicle Market – Based in Northern England

Seller Ref:155224
  • Price: Offer Invited

Description

Overview

Project Insight specialises in providing end market pricing insights on a global basis to the automotive sector and wider aftermarket.

The company has its own technological based suite of reporting processes and systems that provide top line analysis reporting, price alerting, promotions offered, payment options and discount level settings.

The business has an excellent understanding of the unique requirements of each individual client. It supplies them with real time access to key market trends across a comprehensive array of variables.

Our client is offering the company for sale due to personal reasons.

Offers invited for 100% of the company.

Key Highlights

– On a daily basis, it collects over seven million tyre prices for over 250k products across 40 countries, including North America, China, Japan, Australia and Europe.

– In-house proprietary software systems validate and verify each data point captured with extensive collation and verification of over 1.2 million syntax synonyms.

– Its in-house reporting tools automatically notify clients of significant changes in any SKU price, within both the B2B and B2C channels.

– Benefits from a rich and growing portfolio of clients. They include blue chip multinationals, national retailers and suppliers, and wholesalers.

– Works with over 20 clients, most of which provide ongoing repeat business.

– Limited competition with no like-for-like direct competitors.
Experienced and dedicated team in place.

– Substantial growth from both greater geographic market penetration and wider service offerings in its existing market sector; and, step change growth opportunities in new markets, such as white goods, with no dilution in profitability.

Financial Highlights

– YE22: Generated a turnover of circa £900k.

– YE22: EBITDA of £265k and gross profit of over 65%.

– YE26: Substantial increase in revenue to circa £1.2m with no dilution of gross profit margin.

– Scalable business to new market sectors, such as white goods, leading to several fold increase in profits.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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