Featured Brokers
CONFIDENTIAL SALE
FOR SALE
627263
157701 / Rightbiz
The company is an independent garage offering the servicing, repair and restoration of classic and modern classic road cars from the 1950s through to the 2010s, generating additional revenue from car sales and direct mail parts sales. The company focuses on a specific marque and has developed a reputation within the classic car community for being the premier specialist within its marque.
Catering to private individuals, the company benefits from a high volume of referral custom due to its excellent reputation, which is bolstered by its relationships with prominent organisations within the classic car industry that provide excellent networking opportunities.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights
Caters to owners of classic and modern vehicles internationally, working with circa 400 clients each year, with some relationships spanning up to 30 years.
Generates a significant proportion of its revenue from owners of classic vehicles, typically collectors or enthusiasts who keep their vehicles for longer periods.
Classic vehicle owners typically make up the majority of the business’s top clients, with 11 individuals included in the top 25 clients twice in the last three years,
demonstrating the company’s high level of repeat business.
Experienced second-tier management team in place.
Operates from leasehold premises.
Estimated 50% share of the market for servicing and restoring classic vehicles in its specialist area, with works estimated at £250k in its pipeline.
Financial Highlights
YE25 projected turnover of £1.6m.
YE24 turnover of £1.4m.
Adjusted EBITDA of £231k achieved in the same year.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'A garage specialising in classic modern classic vehicles – located in South East England - 157701 / 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.