Renowned and authorised network manager of 200 accident repair centres specialising in car, van, and heavy commercial vehicle repairs. The company offers outsourced, managed accident repair services across the nation, catering to fleets, fleet management, claims management, leasing, and insurance sectors.
Key Aspects
• The company’s approved repairer network is propositioned as a cooperative or soft-franchised concept, with each repairer retaining their own identity but benefiting from extensive marketing under the company's brand name.
• The company's in-house software grants it a distinct competitive advantage, facilitating seamless customer onboarding and increasing client retention due to its user-friendly interface and navigation.
• The company’s smaller size provides it with a unique advantage, empowering them to deliver a bespoke, agile service to their clients unlike larger competitors.
• The business has unparalleled turnaround times minimising their clients' losses, contributing to the company's industry-leading position.
• The company directs £11.7m of repair value annually through their network.
• Efficient outsourcing has yielded substantial cost savings for the company, allowing the business to pass these benefits on to their customers.
• The company strategically outsources some of its operations, enabling swift responses to periods of heightened demand and flexible scaling during less active periods.
Opportunities
• An opportunity to acquire an industry leader, boasting a vast network of repairers and clients, offering immense advantages to similar trade acquirers.
• As clients grow their fleets, the business thrives as these clients award them with more business.
• The company operates in a market set for growth, driven by the surge in logistical services and other factors that support its expansion, increasing demand for the business’ services.
• The company's proprietary software serves as a distinct competitive advantage renowned for its ease to use interface and navigation.
• The company has recently introduced a mobile door mirror replacement service keeping downtimes for their clients at a minimum. This is a new service which can be exploited by an incoming acquirer.
• Despite its strong market presence, investing in marketing channels could provide an instant growth opportunity for any potential buyer.
• Any potential buyer could review the income model and increase the charge for its service which would lead to higher returns.
Turnover – £600k
EBITDA – £310k
