Garage - repair and maintenance with specialty tow bars - to take over - Antwerp Kempen (OKT)
Financial data
Photo is a sector example generated with DALLE AI
ACTIVITY
- Specialist in sales and installation of towbars - various brands
- Clientele consists of
- 60% from professionals, neighborhood garage dealers who have their towbars mounted at this specialist.
- 40% includes direct private market.
- The company is run by the manager and 2 full-time technicians.
- The company has 2 production halls (together 560 m²) a six bridges, 3 modern (suitable for the heavier cars) and 2 with an age of 9 years.
STRONG POINTS
- well-established business that has been in existence for 50 years
- good reputation
- Good references, also via internet
- All equipment in good condition, no replacements needed for the next few years.
POTENTIAL
- There is still growth potential, especially in attracting Dutch customers (towbars are more expensive in the Netherlands).
- acquisition is feasible for motivated and wealthy starter or sector colleague who can grow faster through acquisition
- current manager is willing to provide guidance or training during the desired period
KEY FIGURES (2022)
- Turnover 560,000
- EBITDA 36,000
- Current profit 25,000
For 2023 we note on the basis of known sales a growth of +5%, For the following years the valuation took into account a conservative growth expectation of 2%.
OFFERING
Transfer of shares
The premises are rented from third parties at a normal rental price (€ 2100 / month) and are up to date for the
activities of this company (workspace, office space)
- Lease was recently renewed for the next 9 years.
Interested
Get in touch using the contact form below.
It is interesting for the seller to already communicate a brief presentation of yourself and your motivation
1. What is your profile and background?
2. Why are you interested in acquiring this company?
3. What are your questions and expectations?
- Location
- Geel, Antwerpen
- Legal form
- Company
- Number of employees
- 2
- Customer type
- B2B (Business to Business), B2C (Business to Consumer)
- Active since
- 1972
- Real estate included
- No
- Translated from
- Dutch
- Disclaimer
- Takeover market is not responsible for the content. Please check for accuracy and completeness.
