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CONFIDENTIAL
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648742
159898 / Rightbiz
BASED IN SCOTLAND
Overview
The business is an independent, mainly commercial vehicle garage business providing a range of servicing, MOTs, parts, repairs, recovery, rental, and vehicle sales.
Operating on a B2B and B2C basis primarily across Scotland, the company provides its services to individuals, local authorities, and organisations in the automotive, fleet management, and insurance sectors.
The business’s specialist fleet, plethora of contracted agreements with notable organisations, and multiple ideally located properties positions it as an excellent acquisition opportunity.
The company is now being offered for sale to facilitate our clients’ retirement plans.
Offers invited.
Key Highlights
Established for over 40 years.
A large portion of turnover can be attributed to contracted agreements with leading automotive companies, leasing and contract hire businesses, vehicle breakdown organisations, local authorities, and local police.
Highly skilled and experienced workforce set to remain in place following the sale.
Operates from three ideally located properties, which can be included in the sale on either a leasehold or freehold basis.
Financial Highlights
- YE25 turnover of circa £5m, with an EBITDA of £138k.
- Operating within the automotive garage market, which is set to expand at a compound annual growth rate of 5.2% through to 2034.
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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.
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
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