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Profitable UK Commercial Vehicle Rental & Maintenance Company with Loyal Customer Base for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    08/04/24

  • Advert ID

    609402

  • Reference

    1003IM / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Commercial Vehicle Rental and Maintenance Company

Business Partnership Corporate are delighted to represent this well established, successful and profitable company offering long term commercial vehicle rental and full repair & maintenance services to the construction and related sectors.

The owners have built the business over the last decade and now wish to retire. Offers are invited for the Company (share sale).

The business has benefited from its flexible approach to providing vehicle rental solutions, a reputation for great service and strong relationships with customers and as such, have a very loyal customer base.

The business operates across the UK, although concentrated in the South of England. The business continues to grow with turnover of £2.2m up 15% year on year and EBITDA of £1.2m.

There is currently a fleet of ~400 vehicles.

Having exited the pandemic with limited impact, the business has quickly established pre-pandemic momentum.

It is noteworthy that growth has been achieved without focusing on marketing, offering the new owner tremendous scope.

The business continues to invest in systems, machinery & equipment, operational efficiency and identifying new revenue streams.

The owners have put in place an experienced management team to run the operation and now focus on providing support were necessary.

The well equipped maintenance and repair centre is housed in valuable Long Leasehold premises and also benefits from having a valuable operator license.

Building on the current owners’ success this profitable and well run business will appeal to company’s who wish to expand within the sector, those looking for vertical or horizontal acquisition opportunities or acquirors looking for an established business providing a strong foundation with genuine growth opportunity.

For further information please contact Business Partnership Corporate
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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.

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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.

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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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The data showed regarding this advert 'Commercial Vehicle Rental and Maintenance Company - 1003IM / 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.