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Accident repair centre - car body repair & restoration

Reference
S6380
Turnover
£0.5m to £1m
Sector(s)
Automotive
Region(s)
East Midlands, West Midlands
Added
12 August 2019

Business description

Established for over 30 years, the company has an excellent reputation in the area for high quality car body repair work.

Offers a range of services including car accident repairs, scratch and scruff removal, full and partial paint resprays and allow wheel restoration.

The company serves two major clients, including a dealership for a premium brand, and hundreds of private individuals.

The owners are offering the company for sale as they wish to take semi-retirement whilst exploting unrelated business ventures.

Highlights

  • Works with insurance companies and the private repair and restoration market.
  • Provider of body repair services for a big name brand.
  • Operates out of a 8000sq ft facility fitted with state of the art equipment.
  • Managed on a day to day basis by two members of staff who are able to grow the company without Director input.
  • All technicians ATA accredited.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2016 (Actual) 756 193
2017 (Actual) 783 211
2018 (Actual) 860 200
2019 (Actual) 914 178

  • Turnover of over £914k in FY19, growing year by year.
  • Adjusted EBITDA of 178k in FY19.
  • Annual shareholder funds of over £300k.
  • Net profit margins of 20%.

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