Overview

Priding itself on its outstanding customer service, the company provides a comprehensive range of vehicles available for all budgets, offering flexible finance options from multiple lenders, alongside warranty and drive away insurance.

Demonstrating its exceptional standards, the business provides AA warranty and is an AA approved dealer. The company is a Chartered Trading Standards Institute Approved Code business

Having built up the business, our clients are now offering the company for sale to facilitate retirement plans.

Offers invited.

Key Highlights

– Services include vehicle sales, financing, exporting, servicing, repairs and diagnostics, the supply and fitting of tyres, and valeting.

– Provides its services to private individuals in the local area alongside a multitude of national customers.

– The company has sold to international customers and can accommodate this upon request.

– Experienced and knowledgeable team in place.

– Operates from a sales office, two leasehold units and a secure compound holding 100 cars, with extensive storage available at an additional cost.

– Other units are available on-site to facilitate expansion, subject to negotiations with the landlord.

Financial Highlights

– Turnover in excess of £15.7m in YE22.

– Adjusted EBITDA of circa £408k achieved within the same year.

– Average gross profit margin of 12%.

– Finance penetration has increased from 15% to 55%.

– Year-on-year increase in turnover following YE20.

– Over 100 cars in stock at any one time.

– Benefitting from a wide-ranging and diverse client base, the business has no reliance on any particular customer to generate income, with no individual account providing more than 1% of its turnover.