Overview
Description
Based in Wales, the company sources and supplies rare, high-quality performance vehicles from a number of prestigious brands, ranging from simple hot hatches to specialist modified imports.
Priding itself on its exceptional reputation for providing outstanding customer service, the company has been operating for over two decades.
The business is now being offered for sale to enable the owner to spend more time with family.
Our client is open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
– Has amassed one of the largest followings in the UK on social media for sports and performance car sales.
– Over 90 cars in stock at any one time.
– Wide-ranging and diverse customer base comprising primarily HNW individuals.
– Strong second-tier management team in place that can undertake daily operations with minimal oversight, providing a turnkey opportunity.
– Operates from two separate leasehold premises.
– Moving to larger premises and expanding the range of vehicles could contribute to ongoing growth.
– Recruiting a social media manager would enable the company to continue to expand its extensive online presence.
Financial Highlights
– Management figures show a turnover in excess of £5.6m in YE23 with an EBITDA of £300k.
– Increase in turnover of 90% between YE20 and YE23.
Is this business relocatable:
Is stock included:
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