Reason for sale: The owners decided to sell their share to a large buyer in Europe or the U.S.
This automobile seller chain based in one of the Nordic countries is one of the largest ones in the region. The owners recently decided to dispose their asset and have agreed to the sale of this ongoing business. The shareholders decided to sell mainly because they identify themselves as start-up experts, but in this case, they had already built a large successful company, and hence they have the desire to exit. Currently they want to explore potential buyers across Europe and USA for this dynamic and profitable business. The owners will consider only buyers that show that they have plans for the target and prove that it can bring synergies to the target. The buyer should be from the same industry, in case the interested party is a private equity investor, past experience in the field is a condition.
The company for sale is a regionally very well-known car dealership company with a significant market share in the North-European market. The company has high and stable yearly revenue, exceeding 200M EUR in the last few years. The EBITDA margin shows a continuous significant growth for the past five years; at present, the EBITDA reaches more than 10M EUR. The number of sold vehicles per year is growing every year.
The company is financially stable and is not a significant debt. This is due to the fact that most of the inventory is floorplanned and facilities are leased; this stabilizes the company’s cashflow. The company currently operates more than 20 dealership facilities and offices, strategically placed in the country with good locations. Full company personnel include more than 500 employees.
The company for sale is a full service automotive dealer with a long history in the region. The company is specialized in import, sale and repair of many European and Japanese car brands. The seller offers also other car related services, such as car rental services, car purchase financing and car insurance under the same roof. The company for sale also operates on the used car market, being one of the largest used car resellers in its home country. On the car import level, the company represents two mass-market OEMs, and works with another three OEMs at retail.
The company is very proud of its customer service, which includes specialized employees in all of its locations. The position of the company, and the brand awareness can be of great added value for the prospective new owner.
The company is one of the largest new car and used car dealer in the region.
The company is not in financial debt and generates stable EBITDA exceeding 10M EUR.
The company owners want to explore potential buyers across Europe and USA for this dynamic and profitable business and open discussions.
Feel free to contact us for more information regarding this car dealership company for sale in Northern Europe. If this car distributor for sale does not fit your requirements feel free to ask for other companies for sale in the automotive industry. If you are interested in buyers of automotive oriented companies, please visit the section automotive companies wanted. You can also check other companies for sale located in the Northern Europe. To do that visit the section companies for sale in Northern Europe.