Company history/background
Subject: The sale of the assets and activities of a general partnership. Reason for sale: the current owners wish to transfer the business to a suitable candidate after having run it for nearly 35 years. The partners have reached an age where they are ready for a different phase in their lives. There is no succession available in the immediate vicinity, neither within the family (children) nor within the company (employees). Therefore, a suitable takeover candidate is being sought.
Company activities
Company Profile: The company is an official dealer of several motorhome brands. The company's primary focus is on the sale of new motorhomes from these brands. Used motorhomes are sold in-house upon trade-in. Additionally, the company has a workshop for carrying out repairs and maintenance. The company enjoys an excellent reputation among both its customers and its suppliers.
Employees: The company employs 7 staff members (4.4 FTE), who form a loyal team. Both partners are active in the company (1.8 FTE).
Location: The company is located in the Southern Netherlands in a representative commercial property, including a showroom and workshop. The property is owned by the partners; the sale of the property is negotiable.
Unique selling points
Financial data:
Year: 2019
Revenue (€): 6,000,000
Gross margin: 9%
Gen. EBIT (€): 250,000
Year: 2020
Revenue (€): 6,500,000
Gross margin: 10%
Gen. EBIT (€): 330,000
Year: 2021
Revenue (€): 6,500,000
Gross margin: 13%
Gen. EBIT (€): 530,000
Year: 2022
Revenue (€): 6,000,000
Gross margin: 13%
Gen. EBIT (€): 450,000
Year: 2023 Revenue (€): 6,000,000
Gross margin: 13%
Gen. EBIT (€): 380,000
Other
Note: The company could be an interesting addition for existing market players looking to increase their market share or for an MBI candidate with an affinity for the profession. The entrepreneurs are willing to continue working for a period after the sale. One of the employees is the partners' right-hand person and is familiar with the ins and outs of the business.
Next steps: More information is available for interested candidates. Following an introductory meeting with the advisor and seller, interested parties are requested to submit an initial non-binding offer.
Personal data
- MBI candidate
- Strategic acquisition
- Investor