Sources and Supplies Second-Hand Performance Vehicles Nationally

Offers invited.

Key Highlights

– Has amassed one of the largest followings in the UK on social media for sports and performance car sales.

– Over 90 cars in stock at any one time.

– Wide-ranging and diverse customer base comprising primarily HNW individuals.

– Strong second-tier management team in place that can undertake daily operations with minimal oversight, providing a turnkey opportunity.

– Operates from two separate leasehold premises.

– Moving to larger premises and expanding the range of vehicles could contribute to ongoing growth.

– Recruiting a social media manager would enable the company to continue to expand its extensive online presence.

Financial Highlights

– Management figures show a turnover in excess of £5.6m in YE23 with an EBITDA of £300k.

– Increase in turnover of 90% between YE20 and YE23.