The company sells a comprehensive range of light commercial vehicles,
including pick-up trucks, vans and cars, offering makes and models from leading manufacturers to a large customer base.
The company generates the majority of its revenue via its e-commerce website.
The website is backed by AI technology, which streamlines the sales and customer service processes, enabling the company to offer excellent deals on finance and warranties. This also places the company in a strong position from which to achieve an increased market share, with the potential to place it at the forefront of the used vehicle market.
The company is being offered for sale as the shareholders wish to realise the
assured wealth derived from the value of the existing business whilst facilitating further growth.
Offers invited.
Turnover (£'000) | Adjusted EBITDA (£'000) | |
---|---|---|
2020 (Actual) | 4,609 | 358 |
2021 (Actual) | 8,291 | 650 |
2022 (Actual) | 9,894 | 554 |
2023 (Actual) | 12,586 | 774 |
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