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Car And Van Hire Company With Freehold Yard In Hull
Hull, East Riding of Yorkshire, Yorkshire & the HumberIdentity protected
Available
About this business
A car and van hire company in Hull, opened in 2023 and owning the freehold of its yard, which the buyer gets too. It hires out vehicles to local trades, insurance replacement customers and people moving home. Turnover has stayed at about £1m each year and EBITDA at about £125k, so the business is steady rather than growing. A team of 5 handles bookings, cleaning and handovers. A buyer could grow it by adding vehicles or contract hire customers, with the advantage of owning the yard outright.
Key investment highlights
- Freehold yard included
- Turnover of £1m
- Insurance replacement hire
- Team of 5
Reason for sale
The owners want to concentrate on their car sales business on the same estate.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2023: baseline
- 2024 (-1.0%)
- 2025 (+0.5%)
- 2026 (-0.6%)
- Peak 2023 to latest 2026: -1.1%
4 years of turnover, 2023 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.