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Vehicle Renter & Leaser in Pembrokeshire, No Credit Check, Established 2016

Undisclosed, Pembrokeshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    09/09/22

  • Advert ID

    499956

  • Reference

    B06931 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Vehicle Renter And Leaser

Business
Please quote reference B06931

Founded in 2016, this South West Wales-based vehicle rental and leasing business established a large client base by offering ‘no credit check’ rental and leasing of light commercial vehicles and cars to SMEs. 

The business enjoys the advantages of this large market while protecting its interests with sophisticated technology that disables vehicles in the case of late or non-payment. This technology was developed by its in-house software team, which also created automated administration software that has driven efficiencies and boosted business profits.

Highlights;

  • Lucrative market
  • Fast-expanding business – moved to larger premises four times in six years
  • Well-trained team ready to step up to new, more senior roles
  • Bespoke software developed in-house drives efficiencies
  • Excellent reputation and online reviews
Opportunities;

  • An in-house service centre to prepare vehicles would help reduce overheads and increase margins
  • Increasing stock and range would help grow business profits
  • Franchising out software developed in-house could generate further revenue


Location
This South West Wales-based vehicle rental and leasing business servicing SMEs has established a strong ‘no credit check’ selling proposition and has robust mechanisms in place to protect business assets. As a result, it has enjoyed rapid growth and is now ready to build the business – and profits – still further.



Premises
Operating out of a leased premises. 



Tenure
Business premises will be offered as per existing lease (break clause in two years)



Hours
Due to the nature of the business, it operates all year round. 



Staff
Well-trained team ready to step up to new, more senior roles



Financial Profile
  • 100% share sale
  • Prospective purchasers will be required to sign an NDA




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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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

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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.

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

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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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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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