Established in 2013 by Sammy Redsell and currently owned by Kelly Squires, Hire 2 You Car & Van Hire has become a premier name in Kent's hire industry. From humble beginnings with just 13 vehicles, we have expanded exponentially, boasting a fleet of over 100 vehicles and an impressive turnover exceeding £2 million.
Despite the challenges posed by the COVID-19 pandemic, our business not only persevered but thrived, being classified as a priority sector. Our adaptability and resilience have been key to maintaining our position as one of Kent's busiest hire companies. Throughout this period, we have observed increased demand for online deliveries, leading to lucrative contracts with courier drivers, ensuring a steady income stream.
Since it's opening in 2013, we have reinvested and upgrading the fleet with more vehicles every year and to grow the business - which is currently reflecting in the business' profits. The business is in a great position to earn four times the profit shown. Now with a strong fleet of new vehicles, and large number of them being outright owned by Hire 2 You. The business owns 75% of the fleet with the remainder being left with small finance agreements.
The business has staff in place to assist in the running of the day-to-day of the business and can be on hand after the sale of the business. Also good opportunity for any other Hire companies to purchase with a change in branding to invest into the Kent area. Available on discussion with owners.
Key Highlights:
• Strong Growth Trajectory: Industry revenue is projected to grow at a compound annual rate of 0.4% to reach £15.1 billion by 2025, indicating ample opportunities for expansion.
• High Traffic Location: The business operates close to the M20 and the M2, with a large site currently holding 50 vehicles.
• Experienced Management: The day-to-day operations are overseen by a proficient team with extensive knowledge and expertise in all aspects of the business, facilitating a smooth transition for new owners.
• Franchise Potential: Included in the sale is the opportunity to pursue the planned franchise expansion, offering further avenues for growth and diversification.
• Fully Equipped Workshop: The business is equipped with a fully functional workshop, boasting over £40,000 worth of tools, including a 5-ton ramp, Snap-On tools, nut guns, and more, providing comprehensive support for vehicle maintenance and servicing.
• Mitsubishi Canter 7 1/2 ton Recovery Truck which is Euro Six. Recovery Vehicle for the business to pick up, broken down vehicles if necessary or transporting others.
• Diverse Vehicle Fleet: The sale encompasses a diverse fleet of vehicles, ranging from small cars to Luton vans, all under three years old, with many under a year old, ensuring reliability and customer satisfaction.
• Strategic Sale: After a decade of successful operation, the decision to sell stems from the current owner's ill health, presenting an opportunity for a new owner to capitalize on the business's strong foundation and growth potential.
• Included in sale is a United Rental Group license which has high costs to join and access to vehicles and manufactures with up to 30% discount.
• Ready made Social Media presence with profiles across Facebook, Instagram, Twitter and TikTok - that also include over 25K followers and likes.
Don't miss out on the chance to acquire a thriving car and van hire business in one of Kent's busiest markets. Whether you're an experienced entrepreneur looking to expand your portfolio or a newcomer seeking a lucrative investment opportunity, Hire 2 You Car & Van Hire offers the perfect platform for success.
For further details and inquiries, please contact us to arrange a confidential discussion.
