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Vehicle service, repair and MOT centre

Reference
S11975
Turnover
£1m to £2m
Sector(s)
Automotive, Miscellaneous
Region(s)
South West England
Added
30 September 2024

Business description

Founded in 1999, this is a well-established independent vehicle service, repair, and MOT centre, serving both private customers and main dealerships. Operating for over 25 years, the business has earned a stellar reputation for its quality services, competitive pricing, and customer loyalty.

Demonstrating robust financial health, with steady growth year after year, the business has a track record of profitability in all trading years. Over the past 3 years, it has achieved an impressive average annual turnover of £970,030, underscoring its healthy financial performance. 

As the largest independent garage in the area, the business enjoys a strong local presence, with most customers coming from within a 10-mile radius. The company serves a broad client base, including main agents for Volvo, Ford, and Renault. They have expanded their operations to handle larger vehicles such as motorhomes and vans, while also catering to the growing demand for motorcycle services. 

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 800,000 200,000
2022 (Actual) 977,210 300,000
2023 (Actual) 1,129,860 30,000

Revenues (ANP) are adjusted for Depreciation, Directors' Salaries, Taxes, and Pensions. 

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