The company primarily buys and sells new and used vehicles, as well as some sale-or-return vehicles. The company also operates a fully equipped workshop, where in-house and retail customers’ vehicles are serviced and repaired.
Having earned a reputation for being trustworthy within the local area, the company has built a base of repeat customers and a long-standing, solid reputation for providing quality vehicles and outstanding service.
The company is now being offered for sale to facilitate the semi-retirement plans of the shareholders.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
is a member of the IMDA, the FSB, and Lawgistics.
benefits from a diverse customer base, primarily serving customers in the East Midlands region, with some sales also made across the UK and a minority made internationally.
operates from ideally situated premises, the freehold of which may be included in the sale. It is close to a railway network and 10 minutes from an airport, making it an ideal location for a franchise.
Investing in additional land or larger premises would enable the company to hold more stock and increase sales.
Having experienced primarily organic growth, there is vast scope to introduce proactive marketing, such as creating an online presence, to significantly expand the company’s customer reach.
Financial Highlights
Turnover of £3.8 million achieved in FY23 with an adjusted EBITDA of £610k.
has achieved a 44% increase in turnover between YE21 and YE23.
