Business
Please Quote reference number B07522.
The business was established in the 2000s, purchasing a long-established local establishment within the first years of inception.
Based in the South East, the business operates across two sites and three profit centres: used car sales, accident repairs and mechanical repairs. They possess a fully equipped accident repair centre and effectively two mechanical repair workshops, which receive regular business from partnerships with insurance companies.
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In addition to that, they have an established client base at regional level, with insurance company repairs factoring in 25% of the total turnover, and a large share of profits brought by loyal and frequent customers.
Their services are well known in the area, both for the fame as a local establishment that the company upholds, and for operating as an independent dealer with all the amenities and facilities of a modern main dealer.
At present, there are plenty of opportunities for the prospective purchaser to take on this establishment to achieve new goals, while capitalising on and furthering their existing legacy.
The business has several distinctive capabilities to stand out from its competitors and attract the prospective purchaser, including:
- Operating in two locations with three profit centres: second-hand vehicle sales, accident repairs and mechanical repairs.
- Reputable and long-standing enterprise with a strong local reach.
- Independent workshop, with the facilities of a modern main dealer but with the hourly rate of an independent.
- An impressive financial profile,with a turnover of £9.2m in 2023.
- A fully equipped accident repair centre, which repairs vehicles for insurance companies.
- Professional partnerships already in place.
- High-quality used vehicles sold.
- Long-standing reputation for conducting high-quality work.
- Loyal and skilled team in place.
Highlights –
- Excellent reputation.
- Well established and long trading history.
- Three profit centres: car sales, mechanical repairs and accident repairs.
- Potential for financial growth.
Opportunities-
- Implementing new marketing.
- Furthering and capitalising on existing legacy.
- Train new skilled workers.
Location
Based in the South East.
Premises
The business operates on two large sites.
Tenure
The premises are Freehold.
Hours
The business operates all the year round.
Staff
We are advised that the business has a large team in place.
Financial Profile
Turnover IRO -£9.2m in 2023.
- 100% share capital.
- Interested parties to sign an NDA.
