The company is a very well-established 5-star vehicle centre offering MOTs and a range of other services. The business is ideally located in North London and receives a wealth of custom.
The Business has an excellent reputation and achieved its peak turnover in 2023 of over £1,000,000. Currently operating consistently over £800,000, the business boasts an Adjusted EBITDA of c 250,000
Overall, the Business is a credit to the owners, who are leaving to retire. The Business is completely ready-to-run and our clients would be happy to facilitate a handover period to support the new investor for a seamless transition.
The lease the company has with the premises has 2 years left to run but has the right occupy the space beyond the current lease. There may also be the opportunity to acquire the freehold.
Offers Invited
