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Deal Opportunities.co.uk

the UK marketplace for company sales

Commercial vehicle maintenance, servicing & repair

Reference
S7817
Turnover
£1m to £2m
Sector(s)
Automotive, Business services, Engineering
Region(s)
UK Wide
Added
10 June 2021

Business description

The company provides inspection, maintenance, servicing and repair for HGVs, tankers and other commercial vehicles.

Operating on a national basis, the company provides its comprehensive range of services for circa 30 clients, all of whom provide repeat business.

Our Clients are now offering the company for sale to facilitate the retirement of the majority Shareholder.

Offers invited.

Highlights

  • Offers MOT preparation and presentation, testing and diagnositics, safe loading pass inspection, vehicle parking and 24-hour breakdown assistance.
  • Dedicated team of engineers led by an experienced foreman able to operate the business day-to-day. 
  • Operates from ideally located leasehold premises. 
  • Excellent growth potential from expansion of its client base, increased recruitment and diversification of its service offering.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 901 179
2018 (Actual) 1,030 251
2019 (Actual) 1,036 172
2020 (Actual) 1,075 204
  • Turnover of £1m with an adjusted EBITDA of £204k.
  • Continuous growth in turnover over a four-year period, expected to continue throughout 2021. 
  • Shareholder funds rising year-on-year.

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