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Professional driving training provider in [Location] with strong client network and scalable team

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £660,000 (£12,692 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

Professional driving training provider

The company offers a broad array of professional driving courses, which enables it to meet the qualification needs of numerous industries throughout the UK.

The business’s training covers LGVs / HGVs, PVCs, driver CPC, associated medical and theory tests, and work-based health and safety.

The company operates its own fleet of sign-written cars, articulated trucks, trailers, and other vehicles; an asset register worth over £257k is included in the sale.

Our clients are offering the business for sale to facilitate lifestyle changes. Offers invited.

Key Highlights

- Works with a diverse client network that includes councils, education and healthcare providers, and fleet operators.

- Continually invests in its fleet and training provision to meet evolving specifications.

- Scalable team of instructors facilitates training delivery.

- Operates from large premises in North West England.

- Responses to the LGV driver shortage in the UK, which include Government initiatives to improve roadside facilities and encourage the uptake of driving qualifications, may benefit training providers such as the company.

Financial Highlights

- Generated a YE24 turnover of £662k, with an adjusted EBITDA of £84k.

- YE25 draft accounts indicate a turnover of £608k.

- YE26 outturn accounts show a turnover of £543k.
- Benefits from strong amounts of recurring revenue and a loyal client network, bolstered by legislative requirements for qualification renewals and retraining.

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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 'Professional driving training provider - 158467 / 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.