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Deal Opportunities.co.uk

the UK marketplace for company sales

Automotive diagnostic services

Reference
S7309
Turnover
£0.5m to £1m
Sector(s)
Automotive, Miscellaneous, Service industries
Region(s)
South East England, South West England
Added
03 November 2020

Business description

Utilising state-of-the-art equipment, the company offers a comprehensive range of mobile vehicle diagnostic services to clients throughout Southern England.

Services offered by the business include the programming and calibration of advanced driver-assistance systems (ADAS), airbag system diagnosis, repairs and programming and immobiliser and key programming, as well as encompassing all other automotive diagnostic services.

Our clients are offering the company for sale as they believe the time is right for a new owner to take the business to the next level.

Offers invited.

Highlights

  • Has 377 active clients, with 90% providing reliable, repeat business on an ongoing basis. 
  • Maintains strong, long-standing client relationships, several of which have been in place for over 17 years. 
  • Endorsed by a Telegraph columnist. 
  • Independent dealer licences are in place with a number of vehicle manufacturers. 
  • The company is managed and operated remotely, and therefore is being offered as a fully relocatable opportunity, although the client base remains static.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 369 111
2018 (Actual) 472 170
2019 (Actual) 650 299
2020 (Actual) 636 288
  • Turnover of £636k in YE20 with an adjusted EBITDA of £288k.
  • Gross profit margin of 95%. 
  • Has shown a 72% increase in turnover since YE17.

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