The company is a multi-award-winning brokerage, supplying new vans to businesses across the UK. In addition, the company offers independent motor finance and car leasing, which focuses on leasing brand new cars from all manufacturers to businesses and private individuals.
The company has a number of direct relationships with manufacturers that facilitate high discount levels, which it passes on to customers; this ensures a high level of repeat custom for the company.
The business is now being offered for sale to enable the shareholders to pursue other, unrelated interests.
Offers invited.
Key Highlights
– Currently in the process of receiving trademark confirmation for the commercial brokerage arm’s branding.
– Has achieved a five-star rating on Google across more than 140 reviews.
– Member of the FCA, the BVRLA, the FSB, and SAF approved, with all customer-facing staff SAF accredited at Expert level.
– Operates primarily on a B2B basis, with 25 active customers all providing repeat business.
– Relationships with over 30 introducer appointed representatives, which provide a constant stream of revenue with no advertising costs.
– Has secure relationships with a range of companies that buy in large amounts during certain times throughout the year.
– Several staff members identified as capable of undertaking more managerial responsibilities, post-sale.
– Operates from leasehold premises.
– With higher levels of funding, the company could purchase pack deals from vehicle manufacturers to improve margins.
– Business plan in place, but not yet utilised, to offer its own arm of business contract hire and long-term rental to business users, with very profitable vehicle remarketing opportunities.
Financial Highlights
– Turnover of £14.3m in YE24 with an EBITDA of circa £250k.
– Has achieved a profit since its first year in operation and experienced year-on-year growth since.
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