Sector |
Turnover |
Location |
|---|---|---|
| Transport | £434,250 | Scotland |
- Business Opportunity:
An opportunity exists to purchase the business and assets of an Award Winning Vehicle Hire Business
operating in Scotland. The Company has been trading over 3 years and has built up good local customer base
providing repeat business, the Company has also been awarded approved status on the Centre of
Procurement Expertise framework for the local government sector in Both England and Scotland, this is
expected to provide future growth for the business. Management would be willing to be retained for a
transitional period, subject to agreeing terms.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a
non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed
agent on behalf of the Vendor.
Business Overview:
Established Business
Ongoing Work in Progress
Extensive Hire Fleet (Circa 200 vehicles less than 3 years old)
Established on Government Procurement Framework Contract
Intellectual Property
Establish Local Client base
Leasehold trading premises
Financial Information:
|
Financial Statements for: |
Management Accounts 6 Months to 31/12/2024 (£) |
12 Months to 30/6/2024 (£) |
12 Months to 30/6/2023 (£) |
12 Months to 30/6/2022 (£) |
|
Turnover |
434,250 |
662,535 |
303,875 |
71,564 |
|
Gross Profit |
317,641 |
523,765 |
203,062 |
15,129 |
|
Net Profit/(Loss) |
45,556 |
91,029 |
(9,690) |
(31,673) |
Assets Available for Sale:
• Unencumbered & Encumbered Hire Fleet (Circa 200 vehicles less than 3 years old)
• Contracts/ Work-In-Progress
• Client Base
• Goodwill & Intellectual Property
Location:
Scotland
Deadline for Offers:
Expressions of interest to be made to Tom McWilliam at Middleton Barton Asset Valuation Limited. All offers to be
supported by proof of funds.
Further Information:
For further information or to request a non-disclosure agreement please contact Tom McWilliam at our
Glasgow office on 0141 478 0732