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UK Car Parking Solutions Provider with Robust Client Base for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611242

  • Reference

    155365 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,700,000 (£32,692 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Provider of car parking solutions across the UK

The company provides a comprehensive range of car parking solutions, including the utilisation of in-person parking enforcers and ANPR systems, and integrated car park payment kiosks.

Additionally, it offers facilities management services, including bay painting and bollard installation.

The company is offered for sale to facilitate retirement plans.

Accredited with the IPC Accredited Operator Scheme, the Independent Appeals Service, ISO 9001, the Alcumus Safe Contractor Scheme, and Disabled Motoring UK.

Prominence in a niche sector with a robust commercial client base comprising landlords, property developers and retail companies, as well as private car park owners and housing associations.

Portfolio based primarily around a major city with high levels of traffic and parking needs.

Strong second-tier management in place.

Director willing to assist with handover period.

Operates from leasehold premises.

Turnover in excess of £1.7m in YE23.

EBITDA of over £294k achieved in the same year.

Year-on-year growth with robust profit margins of over 50% in the last three years.

Strong client base with high levels of repeat business and reliable streams of revenue.

Offers invited. 

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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.

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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.

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.

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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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Disclaimer

The data showed regarding this advert 'Provider of car parking solutions across the UK - 155365 / 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.