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Deal Opportunities.co.uk

the UK marketplace for company sales

Providers of commercial vehicle repairs

Reference
S11206
Turnover
£2m to £5m
Sector(s)
Automotive, Distribution, freight & logistics, Engineering, Retail & wholesale
Region(s)
South East England, UK Wide
Added
07 December 2023

Business description

From humble beginnings in the mid-1980s, the company has grown into a successful enterprise, serving over 200 active clients and boasting an impressive financial profile. The business covers all aspects of commercial vehicle repair, including servicing, MOT preparation and presentation, routine maintenance, and major body work repairs. The business also operates as spares suppliers for HGVs and offers 24-hour breakdown coverage, utilizing its own workforce and a network of suppliers. With an impressive purpose-built unit, the company is ideally located close to a number of important transport links and major freight routes. 

The company also benefits from a skilled and experienced team of mechanical engineers and office workers who run the day-to-day business operations independently of the business partners.  Above all, the company has become renowned for offering a reliable and efficient service at reasonable prices – a fact that is reflected in its uniformly positive reviews on Google, and the high percentage of repeat custom. 

The company’s remarkable financial profile also bears testament to the quality of its services, with a turnover of £2,605,589 and an operating profit of £378,770 (as per the 2022 accounts). 

Indeed, the business has a lot to offer the prospective buyer, including: 

  • A well-established reputation which has facilitated countless “word of mouth” recommendations;
  • An extensive and loyal client base (with over 200 active clients);
  • A proven history of organic growth;
  • An ideal location, close to a number of important transport links and freight routes;
  • Impressive purpose-built premises with 7-bay workshop and with room for expansion;
  • A booming transportation and logistics industry;
  • Ample scope for growth, e.g. by extending the company’s range of services, increasing its digital footprint and expanding into online sales

The company may well make an excellent bolt-on company for foreign HGV repair businesses seeking to implement an international operation, or an acquisitional opportunity for a national company.

Highlights

  • Ideal location with an impressive purpose-built property;
  • Well-established with an illustrious 37-year history;
  • An extensive and loyal client base;
  • Word-of-mouth recommendations;
  • A history of organic growth;
  • Impressive financial profile;
  • A booming transportation and logistics industry;
  • Ample scope for growth.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 1,853,920 389,443
2021 (Actual) 2,195,570 422,370
2022 (Actual) 2,605,590 367,316

Opportunities

  • An ideal acquisitional opportunity for a national or international competitor;
  • Expansion into online sales;
  • Increasing the range of services;
  • Enlarging the company’s digital footprint.

Prospective purchasers

  • 100% share capital
  • Interested parties will be required to sign an NDA

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