Provider of Maintenance and Repairs for Commercial Vehicles

The company provides commercial vehicle repairs, servicing, and diagnostics, specialising in HGVs and LGVs.

The business’s comprehensive offering includes LOLER testing, repairs, roadside assistance, MOTs, and vehicle servicing.

Demonstrating its attention to detail and commitment to quality, the company is a DVSA- approved centre and is an agent for numerous organisations.

Our clients are now offering the business for sale to facilitate retirement plans.

Offers invited.

Key Highlights

– Predominantly serves clients with commercial vehicle transportation, which accounts for circa 85% of income.

– Also gains work from private individuals, and benefits from over 200 active clients, 90% of which provide reliable streams of ongoing revenue.

– Utilises a fleet of six vans featuring welding and fabrication equipment.

– Operates from a leasehold workshop.

– Skilled employees in place supported by a robust and dedicated second-tier management team.

Financial Highlights

– YE23 turnover in excess of £1.1m.

– Adjusted EBITDA of circa £202k achieved within the same year.

– Average gross profit margin of 63% between YE20 and YE23.