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Used Vehicle Retailer Specialising In Prestigious Cars For Sale

UK
Asking Price:
Undisclosed
Turnover:
Over £5M
Net Profit:
Undisclosed

The company sells a wide range of cars from leading manufacturers, including Mercedes, BMW, Audi, Jaguar, and Land Rover. All cars are fully serviced and valeted prior to sale.
Benefitting from an excellent reputation in the local area, the company draws strong sales from its website and showroom.

With an in-house service centre reducing the need for outsourcing, it is able to bring vehicles to market quickly and efficiently, supporting demand from a large local client base.
The company is being offered for sale to facilitate the retirement of the shareholders.

Offers invited.

Key Highlights

Circa 50% of sales are generated online, with a 35% website conversion rate.

80% of sales derive from within the Yorkshire area, with scope to bolster UK-wide sales through national advertising.

Customer relationships spanning 15 years, with many customers providing repeat business.

Experienced management team in place.

Fully compliant with FCA standards.

Financial Highlights

Turnover of £27.3m, with an adjusted EBITDA of £532k.

Property Information

Property:

Leasehold