Vehicle Accident Repair Specialist | Business For Sale

Wednesday, 17th April 2019

THIS AUCTION HAS NOW CONCLUDED.

A unique opportunity to invest in or acquire a vehicle accident repair specialist prior to it entering into Liquidation

Key business highlights

  • Accident repair specialist providing repairs, refurbishments and resprays for predominantly commercial vehicles, but also domestic vehicles.
  • Providing repair services for the emergency services, security vehicles, coach and bus operators and trailer fleets.
  • Core operations based from leasehold premises in the Midlands.
  • The Company employs a highly skilled workforce of 15.
  • WAS approved technicians.
  • Established business, currently restricted by working capital requirements following a decline in revenue resulting from the loss of several large customers.
  • Key assets include office furniture and equipment, plant and machinery, motor vehicles, stock, debtors and leasehold premises.

Financial highlights

  • £1.9m revenue FY17
  • £214k EBITDA FY17
  • £1.9m revenue FY18
  • £110k EBITDA FY18

Due to the pending Liquidation of the Company a sale must be executed at the earliest opportunity. Interested parties should be in a position to submit indicative offers no later than 5pm on 24 April 2019.

Contact
For further information and to request a non-disclosure agreement contact:
Anna Hall  [email protected]

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