Located in Birmingham, the company is a premium used car dealership with a history dating back to 2013. The company's core business activities revolve around the sale of high-value, high-margin vehicles, with 80% of its sales comprising BMW, Audi, and Mercedes models. The remaining 20% of vehicles sold encompass a range of luxury marques, including high-end Porsches, Ferraris, and Bentleys, as well as more affordable options.
Its comprehensive service comprises a meticulous AA-approved 128-point check, under-vehicle videos, and at least a 6-month MOT on all vehicles sold.
This dedication to customer satisfaction has earned the company an outstanding reputation in the regional used car dealership market with a 5/5 rating on AutoTrader and a 4.9/5 rating on Google Reviews, which has in turn translated into significant and consistent revenue growth – from £538,526 in 2020 to £3.6 million in 2023.
Operating with a lean workforce of six staff members, the company advertises its vehicles through the company's website, AA, AutoTrader, and other relevant online portals.
Looking to the future, the company is well-positioned to expand into other vehicle segments such as 4x4s and motorbikes, while renewing its focus on the high-growth electric vehicle segment.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2020 (Actual) | 538,526 | 22,322 |
| 2021 (Actual) | 1,990,400 | -669 |
| 2022 (Actual) | 2,000,320 | 38,526 |
| 2023 (Actual) | 3,621,960 | 113,088 |
• Leasehold premises available, pending agreement.