Commercial Vehicle Rental and Maintenance Company
Advert ref: 1003IM
Business Partnership Corporate are delighted to represent this well established, successful and profitable company offering long term commercial vehicle rental and full repair & maintenance services to the construction and related sectors.
The owners have built the business over the last decade and now wish to retire. Offers are invited for the Company (share sale).
The business has benefited from its flexible approach to providing vehicle rental solutions, a reputation for great service and strong relationships with customers and as such, have a very loyal customer base.
The business operates across the UK, although concentrated in the South of England. The business continues to grow with turnover of £2.2m up 15% year on year and EBITDA of £1.2m.
There is currently a fleet of ~400 vehicles.
Having exited the pandemic with limited impact, the business has quickly established pre-pandemic momentum.
It is noteworthy that growth has been achieved without focusing on marketing, offering the new owner tremendous scope.
The business continues to invest in systems, machinery & equipment, operational efficiency and identifying new revenue streams.
The owners have put in place an experienced management team to run the operation and now focus on providing support were necessary.
The well equipped maintenance and repair centre is housed in valuable Long Leasehold premises and also benefits from having a valuable operator license.
Building on the current owners’ success this profitable and well run business will appeal to company’s who wish to expand within the sector, those looking for vertical or horizontal acquisition opportunities or acquirors looking for an established business providing a strong foundation with genuine growth opportunity.
For further information please contact Business Partnership Corporate
Asking Price: Offers Invited
Turnover: £2,200,000 Annual