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Light Commercial Vehicle Servicing And Reconditioning For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

Based in Yorkshire

The company offers vehicle servicing and reconditioning for light commercial vehicles weighing up to 5.5t. Services include vehicle servicing, inspections, and repair; the sale of new, remanufactured and spare parts; the in-house remanufacturing of engines, gearboxes, rear axles, and other major components; battery testing and replacement; and tyre fitting and balancing.

Remanufacturing work is carried out primarily in-house, with components available on a supply, or supply and installation basis.

The shareholders are offering the business for sale to facilitate the retirement plans and the exploration of other, unrelated opportunities.

Offers invited.

Key Highlights

Client base predominantly consists of fleet management companies operating on the behalf of blue-chip organisations, with additional revenue from SMEs and retailers.

200 clients nationwide providing repeat business, with some relationships spanning seven years.

High volume of revenue generated from contracts.

Pipeline valued at in excess of £800k.

Existing team has the skills and experience to manage the business following the shareholders’ departure.

Financial Highlights

YE26 turnover of circa £1.9m, with an adjusted EBITDA of £295k.

Property Information

Property:

Leasehold