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Providers of vehicle collection and delivery services

Reference
S11489
Turnover
£1m to £2m
Sector(s)
Automotive, Distribution, freight & logistics
Region(s)
West Midlands, UK Wide
Added
28 March 2024

Business description

Family business, established in 2019 and based in the West Midlands, the company offers a high-quality vehicle collection and delivery service to car retailers and dealerships. With 10-years experience in the motor trade and frontline positions held at major car dealerships and multinational manufacturers, the company distinguishes itself from competitors by its industry knowledge and commitment to customer satisfaction.

The company offers both transported deliveries, using a truck and trailer, and driven deliveries, using a team of trade plates drivers. The company is able to value its services at a higher price point than competitors, on account of its reliable and premium service, which is in turn facilitated by its knowledgeable team of drivers and managers and its optimised processes.

The company has a number of gains to offer the prospective purchaser, including: 

  • A strong financial profile, with a turnover of £1.1m and an adjusted EBITDA of £181,574 in 2023.
  • Healthy profit margins and impressive financial controls.
  • Stable cash flow and minimal debt, providing a solid financial foundation for expansion.
  • Strong relationships with key clients by establishing strategic alliances.
  • High client satisfaction feedback and a strong referral network.
  • Proven ability to grow purely by “word of mouth” recommendations
  • Efficient operational infrastructure, enabling scalability and flexibility.
  • Streamlined processes, modern equipment and systems ensuring a guaranteed service.

Highlights

  • Providers of a premium vehicle collection and delivery service; 
  • A strong financial profile, with a turnover of £1.1m and an adjusted EBITDA of £181,574 in 2023; 
  • A proven commitment to high standards of customer service; 
  • Optimised vehicle handover processes, and a trusted team of drivers and managers;
  • Ongoing, lucrative relationships with a number of repeat clients;
  • Demonstrated scalability, evidenced by consistent and impressive revenue growth over the past few years. 

Opportunities

  • There is scope for growth, whether it be expanding the team of drivers to accommodate a larger workload, injecting cash to fuel investment, or investing in strategic marketing. 
  • There is potential for regional expansion or consolidation by moving current location.
  • Untapped markets and cross-selling for increased market penetration.

Prospective purchasers

  • 100% share sale
  • NDA required

Reason for sale

The shareholders wish to spend more time with family.

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