Vehicle Accident Repair Centre

Bid Deadline:

Mon 29/11/21 at 2pm GMT



DOWNLOAD NDA HERE

Hilco Valuation Services (“Hilco”) is pleased to offer the opportunity to acquire the business and assets of ‘Project Driver’ (‘The Company’) a leading south Midlands based vehicle repair centre.

Background

The team of highly skilled and experienced technicians undertake all accident repairs on cars and commercial vehicles.  The Company is an approved repairer for major insurance companies with the majority of the repairs undertaken on behalf of national Accident Management companies, with whom a number of contracts are held.

The Company operate from a fully fitted leasehold premises with modern state of the art facilities and equipment throughout, including a bodyshop providing structural steel and aluminium repairs and a paint shop, with a dedicated customer lounge.

Pre Covid turnover was c. £2.9m pa, with current t/o c. £1.8m pa on a pro rata basis.

Assets For Sale

Customer Contacts

A range of contracts held with Accident Management companies including the leading national operators.

Leasehold Property

The property is in an established motor trade location and comprises an industrial unit totalling c. 18,150 sq ft, including offices, which has been fully fitted to suit the requirements of the business with ample external parking.

Repair Centre Equipment

A range of repair equipment, all of which is modern and of high quality.  Key items include a 3d wheel aligner, spot welding machines and guns, XL car body jig, purpose bult spray booth and 3D measuring system and a recalibration unit.  Certain assets are held subject to finance agreements.

Intellectual Property

In addition to the company website, Facebook, Instagram and Twitter social media accounts are held. 

Sale Process

On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information on the opportunity. To access the NDA please click the link below then sign and return it via email to Anne Percival at apercival@hilcoglobal.eu. All expressions of interest and bids are to be directed to Nick Hughes and Roland Cramp of Hilco whose details are below.

Key Terms & Conditions

The bidder acknowledges that Hilco acts as an agent and has not verified the information in this teaser. A sale will be completed without any warranties, expressed or implied. Hilco has not verified the information provided, and bidders are deemed to have carried out their own due diligence. 

Contacts

Nick Hughes MRICS

Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu

Roland Cramp MRICS

Senior Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobal.eu