Specialist Provider and Remarketer of Used Vehicles

– Services include vehicle sales, financing, exporting, servicing, repairs and diagnostics, the supply and fitting of tyres, and valeting.

– Provides its services to private individuals in the local area alongside a multitude of national customers.

– The company has sold to international customers and can accommodate this upon request.

– Experienced and knowledgeable team in place.

– Based in the Midlands, operates from a sales office, two leasehold units and a secure compound holding 80-100 cars and commercial vehicles, with extensive storage available at an additional cost.

– Other units are available on-site to facilitate expansion, subject to negotiations with the landlord.

Financial Highlights

– Turnover in excess of £11.5m in YE24.

– Adjusted EBITDA of circa £427k achieved within the same year.

– Finance penetration has increased from 15% to 55%.

– Over 100 cars in stock at any one time, with each vehicle typically priced between £10k and £25k.

– Benefitting from a wide-ranging and diverse client base, the business has no reliance on any particular customer to generate income, with no individual account providing more than 1% of its turnover.