Overview
Description
The key aspects of this business include:
1. Mostly general short term (typically one to five days) rental
2. B2C market predominantly
3. Currently 91 vehicle fleet
4. Utilisation over 75%
5. Business established for over 10 years and based in the West Midlands
6. 90% of fleet is less than 2 years old
7. Approx. 50% of fleet comprise VW or Ford vans
8. Marketing directly to the end customer; no third-party brokers or agents are used. The website ranks highly on Google searches; for location specific vehicle hire searches the business always feature on the first page/within the top five results.
9. The Business’ vehicles have prominent livery, and the depot is geographically well positioned.
10. Current sales of c.£1.1M, with adjusted EBITDA c. £250k
11. Good management team in place – current owners have no real day-to-day management responsibilities
12. Estimated discounted CAP valuation post all finance is c.£1.1M
Is this business relocatable:
Is stock included:
Listed By:
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