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Reference: AE001

ID: MV0145

Light Commercial Vehicle Hire Company

United Kingdom

A superb opportunity to acquire a substantial and well respected, profitable business which operates within the long and short-term van hire industry.

Reference: AE001

ID: MV0145

Register Interest
Turnover:
£4.2m
Profitability:
46.1%

Location

Nationwide, with European market prospects.

Business Description

This business comes with a bespoke and fully adaptable operating system which covers invoicing, maintenance and overall management of the company, tailor-made and designed by the business itself.

A more recent addition to the business is the selling of vehicles as the time comes to de-fleet vehicles from the hire fleet, the business has begun selling the vehicles to private individuals as well as larger companies that require commercial vans.

The business now has over 500 vehicles in their fleet with a nationwide network of 185 independent garages that is growing.

Financial Summary

Profit & Loss account from 2020 to 2022 (forecast).



Investment Rationale

The business has grown substantially over the last 7 years, with healthy projections for the future.

The company has access to Daimler fleet buying terms. This is one of the most sought after and esteemed relationships in the industry allowing huge competitive advantage.

The majority of vehicles are leased for longer periods of time giving them a very high fleet utilisation.

The business has an existing client base who have contracts based in Europe, meaning there is an opportunity to increase the fleet into the European market.

Customer Overview

The website approximately reaches 100 plus views a day, with a minimum of 30 business and social leads per week. The overall customer database consists of over 3500 people.

This proven customer base consists of loyal and workable customers, enabling consistent growth year on year. Customers range from logistics companies who have contracts with blue chip firms, to local business owners that need vans for their day-to-day operations.

Short-term spot hires are another element of the business that has proven to be highly profitable on a day-to-day basis due to more frequent turnarounds and higher markups.

The reputation amongst customers and suppliers is second to none, making word of mouth a powerful tool.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.