Dealership Training Business for Prestige Automotive Brands (SW) Established in 1999, this business specialises in improving the performance of staff working in the dealerships of prestige automotive brands, and its current client list includes most of the UK`s luxury car marques.
The company designs and delivers bespoke high margin programs for all management and staff levels from the Principal to the driver, enabling dealerships to drive growth and to deliver great customer experiences.
Within this overall brief, the company frequently carries out product knowledge and product launch training. The owner, who wishes to stay in the business for a further three years, has worked in the automotive sector since 1973 and has an extensive network of contacts.
There are two employees including the owner. In addition there are three self-employed Associates and a roster of seven trusted Freelancers who work for the company part-time.
In 2011, sales were around £600k and with its current resources, the expectation is that the business can continue to trade at this level producing an annual adjusted EBITDA of around £100k. However, with the injection of additional skills and resources, the owner believes the business could quadruple in size without moving outside the automotive sectors.
A majority shareholding is for sale to an individual or company capable of working with the owner to exploit this growth potential. The guide price for 80% of the shares is £320,000 on a debt-free, cash-free basis.
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