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Deal Opportunities.co.uk

the UK marketplace for company sales

Comprehensive HGV services

Reference
S7520
Turnover
£0.5m to £1m
Sector(s)
Automotive, Business services, Miscellaneous
Region(s)
North West England
Added
24 February 2021

Business description

The company is an independent organisation which offers a comprehensive range of HGV services, including recovery, contract hire, repairs, servicing and roadside assistance.

The business has experienced considerable growth since its foundation, with the strength of its regional reputation and established client relationships ensuring the continued success of the company.

Our clients are now offering the business for sale to facilitate further development and expansion.

Offers invited.

Highlights

  • Highly regarding business operating over a span of nine years.
  • Achieved PAS 43 certification. 
  • Retains over 60 active clients, providing the business with a reliable stream of revenue. 
  • Presented as a relocatable opportunity. 
  • Scope to utilise larger premises and further staff to manage a significantly increased volume of work.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 1,043 289
2019 (Actual) 877 263
2020 (Actual) 828 266
  • Generated a YE20 turnover of £828k.
  • Achieved an adjusted EBITDA of £266k during the same year. 
  • Shareholder funds at £846k as of YE20.

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