A supplier of vehicles to dealerships – operating nationwide

The company supplies cars and light commercial vans to the UK’s largest dealerships, offering a comprehensive and variable range of nearly new vehicles.

All stock is acquired at auction and delivered directly to its clients’ premises. As such, the range of makes and models in stock at any one time varies subject to availability; however, its strong relationships with clients enable it to sell the vehicles upon or shortly following purchase.

The company is being offered for sale to facilitate the retirement of the majority shareholder.

Offers invited.

Key Highlights

– Caters to over 1,500 car dealerships and showrooms, including several blue-chip organisations.

– Approximately 85% of clients provide reliable, repeat business, with some relationships spanning up to 20 years.

– Experienced management team in place.

– Operates from leasehold premises based in Merseyside.

– Considerable scope for further expansion through the development of its service offering, with the opportunity to sell vehicles directly to the general public to generate additional revenue.

Financial Highlights

– Turnover of circa £23m, with an adjusted EBITDA of £203k.

– Turnover expected to increase to £24m in YE24, with the adjusted EBITDA reaching £287k.

– Shareholder funds in excess of £2m.