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Vehicle Rental Business - NOW SOLD

The key aspects of this business which has a strong local reputation include:

  1. Mostly general short term (typically one to five days) rental
  2. B2C market predominantly
  3. Currently 91 vehicle fleet
  4. Utilisation over 75%
  5. Business established for over 10 years and based in the West Midlands
  6. 90% of fleet is less than 2 years old
  7. Approx. 50% of fleet comprise VW or Ford vans
  8. Marketing directly to the end customer; no third-party brokers or agents are used.  The website ranks highly on Google searches; for location specific vehicle hire searches the business always feature on the first page/within the top five results.
  9. The Business’ vehicles have prominent livery, and the depot is geographically well positioned.
  10. Current sales of c.£1.1M, with adjusted EBITDA c. £250k
  11. Good management team in place – current owners have no real day-to-day management responsibilities
  12. Estimated discounted CAP valuation post all finance is c.£1.1M

The Guide Price for 100% of the shares is £1.1M.

Location: Midlands                                            Gross CAP valuation of fleet is £1.6M

Annual Sales: c. £1.1M                                    Adjusted EBITDA: £250k

Contact Peter Wilson                                        Info@anderson-shaw.co.uk                  02476 100476

Anderson Shaw Reference - ASCFL/MOTOR2

The key aspects of this business which has a strong local reputation include:

  1. B2C market predominantly
  2. Currently 91 vehicle fleet
  3. Business established for over 10 years and based in the West Midlands
  4. 90% of fleet is less than 2 years old
  5. Marketing directly to the end customer; no third-party brokers or agents are used.  The website ranks highly on Google searches; for location specific vehicle hire searches the business always feature on the first page/within the top five results.
  6. Current sales of c.£1.1M, with adjusted EBITDA c. £250k
  7. Good management team in place – current owners have no real day-to-day management responsibilities

The Guide Price for 100% of the shares is £1.1M.

 


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