The company provides an extensive range of used cars and add-on services, such as spray painting, bumper replacement, MOTs, and wheel replacement.
Its offering additionally includes warranty plans, service plans, tyre and alloy cover, smart repair cover, and car finance commissions.
The business maintains a continuously updated portfolio of stock including major brands such as Audi, Mercedes-Benz, Tesla, Fiat, Volkswagen, and Hyundai.
The business operates from custom-built premises comprising a large indoor
showroom, 22-ramp workshop, valet bays, and office administration space,
enabling the business to turn stock quickly.
The company is offered for sale to facilitate further growth under the impetus
of new ownership. The shareholders are exploring strategic options to facilitate growth plans and are happy to remain post completion.
Offers invited.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 35,959 | 1,586 |
| 2022 (Actual) | 33,001 | 1,585 |
| 2023 (Actual) | 32,535 | 2,302 |
| 2024 (Forecast) | 34,162 | 2,421 |
| 2025 (Forecast) | 37,578 | 3,135 |
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