Provider of Servicing and Parts and Retailer of New and Used Vehicles Nationally

The company is now being offered for sale to facilitate retirement plans and other, unrelated business interests.

Offers invited.

Key Highlights

– Graded ‘A’ Vauxhall franchised retailer meeting all targets set by the franchise and operating to an exceedingly high standard.

– Ford appointed service, warranty, and parts franchise holder.

– Holds over 300 used vehicles at any one time, with approximately 160 Motability vehicle accounts providing recurring revenue through service and repairs.

– Has achieved a rating of 4.8 on Trustpilot across more than 2,300 reviews.

– Benefits from a wide-ranging and diverse customer base.

– The company is currently focused on expanding its used car operation by adding more stock and creating more appeal for the used car operation by rebranding it.

– Increasing all marketing activities and developing the sales of vehicle parts through its online shop could significantly expand the company’s turnover.

– Strong second-tier management team in place.

– Operates from three adjacent freehold sites of a total of three acres that have recently been refurbished with new security fencing added.

Financial Highlights

– Turnover in excess of £21m in YE23, with an adjusted EBITDA of £640k.

– Forecast of £32m for YE24 with an adjusted EBITDA in excess of £1.6m.

– Premises valued in excess of £2.5m.