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North West England Vehicle Hire & Repair Business with £1.8m Turnover for Sale

Undisclosed

CONFIDENTIAL

  • Leasehold: £3,500,000
  • Turnover: £1,200,000 (£23,077 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

A PROVIDER OF VEHICLE HIRE, RECOVERY, MAINTENANCE AND REPAIR SERVICES ‑ NORTH WEST ENGLAND

The company operates as a one-stop shop for vehicle services, offering 24/7 emergency accident and breakdown recovery, 24-hour tyre replacement, maintenance, repair, bodyshop services and vehicle rental.

Operating in North West England, the company provides its comprehensive service offering for 5,000 commercial clients, including insurance providers and breakdown clubs.

The shareholders are offering the company for sale due to a change in personal circumstances. A majority-share or full sale can be negotiated.

Offers in excess of £3.5m.

Key Highlights

- Diverse service proposition, reducing direct costs in maintenance and insurance.

- Approximately 95% of clients provide reliable, repeat business on an ongoing basis, with some relationships spanning 10 years.

- Good reputation within the local area.

- Strong second-tier management team in place.

- Operates from substantial new leasehold premises.

- Excellent position for future growth, which could be achieved through the expansion of its current service offering, purchase of premises and an increase in sales and marketing activity.

- Fleet of over 130 vehicles which will be included in the sale.

Financial Highlights

Turnover of £1.2m in YE25, with an adjusted EBITDA of £442k.

Turnover of £1.6m in YE24, with an adjusted EBITDA of £443k.

Gross profit margin of 83%.

 

 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A PROVIDER OF VEHICLE HIRE, RECOVERY, MAINTENANCE AND REPAIR SERVICES ‑ NORTH WEST ENGLAND - 152868 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.