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