Vehicle Accident Repair Specialist | Business For Sale

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]