Resells automotive & industrial paints from three strategically located depots in the south of England, each of which is equipped with trade counters & paint mixing facilities. Our diverse customer base includes major trade customers, F1 teams, & individual enthusiasts, with a product range extending beyond automotive refinish to the commercial vehicle & industrial sectors.
Key Aspects
• Maintains strong relationships with major trade suppliers & has secured enduring relationships, several of which extend since the company’s inception.
• No customer accounts for more than 3% of sales, mitigating the risk of overreliance.
• c.90% customer retention rate highlights its consistent success in fostering long-term relationships with customers.
• Recently initiated the supply of paint & mixing rooms to two new customers, solidified with the signing of a five-year exclusive supply agreement.
• Collaborates with F1 race teams, crafting signature colour mixes that define their identities, showcasing exceptional capabilities in high-performance environments.
Opportunities
• The addition of extra sales representatives & technical staff will bolster the business's market reach & enhance its operational capacity.
• Scope to boost sales via the implementation of strategic marketing campaigns such as SEO optimisation & PPC advertising.
• Aims to leverage new supplier relationships, including the strategic addition of a unique paint supplier & exclusive sourcing of a Spanish paint product, to fuel growth & further differentiate itself in the market.
• Bolt-on opportunity for an acquirer operating in the same sector, such as a refinish factor, which would benefit from synergies & an expansion of its customer base.
• Scope for an acquirer operating in a different region to expand geographically, leveraging the business’s strategically located trade & capitalising on its local reputation.
Potential Purchasers
• Resellers of automotive, commercial, & industrial paints & coatings.
• Suppliers of tools, equipment, accessories & livery automotive wraps for the above sectors.
• Suppliers/resellers of coating/paints/resins for other auto sectors including: marine, light aircrafts, cycles etc.
• Other acquisitive motor factors.
