Established and prosperous car service in Prague

Praha, Czechia
listing nr.: 200028
Listing no longer active

This listing is no longer active

The company has either been sold or we have withdrawn the listing. We no longer provide detailed information about it.

Asking price 35 000 000 Kč1 430 000 €
Bank debt
2 200 000 Kč90 000 €
Revenues
31 000 000 Kč1 270 000 €
History
20+ years
EBITDA
5 500 000 Kč230 000 €
Employees
20 employees
Amounts in

Long-term customers

Skilled staff

Broad focus

Basic information

We are currently selling a well established and successful car service and tire service in Prague. The company has a long history and good references in the region. The company has a reputation in Prague, especially thanks to the ability of its employees to focus on non-standard and complex vehicle issues.

The company has a wide range of services and provides professional services, including:

  • Warranty and post-warranty service
  • Tire service
  • Replacing windshields
  • Measurement of emissions
  • Towing service
  • Claims settlement
  • etc.

At present, the company handles more than 400 orders per month, which provides a gross turnover of approximately CZK 2 million per month. The long-term contracts with stable customers, such as bus operators, freight transport, leasing companies, etc. are also a big added value for the car service.

At present, the company is in very good shape, has undergone several certifications, so its customers also carry problematic vehicles which cannot be helped with in other services. More long-term contracts are being processed at present, which include periodical service of several hundred more vehicles. The service can be expanded to increase capacity, which would mean further revenue growth and profitability.

The reason for the sale is that the current owner retires, looking for a successor who can take over the company and lead it to further success. The advantage for the new owner is that the company iemploys a director who works very well and thanks to his work the company flourishes.

Tangible assets

  • all car service facilities
  • the value of the reconstruction of the premises of the garage, estimated at CZK 25 mil

Intangible assets

  • good references
  • awareness in the region
  • long-term contract with customers
  • contracts with insurance companies
  • a stable team of employees

Employees

  • 18x

Total annual turnover

  • 2020 (odhad): 40 mil. Kč
  • 2019: 31 mil. Kč
  • 2018: 20 mil. CZK
  • 2017: 18,5 mil. CZK
  • 2016: 16 mil. CZK

Annual profit (EBITDA)

  • 2020 (odhad): 6,9 mil. Kč
  • 2019: 5,5 mil. Kč
  • 2018: 3,7 mil. Kč
  • 2017: 1 mil. Kč
  • 2016: 0,5 mil. Kč

Other information

History: …. years

Reason for sale: age of the owners

Legal structure s.r.o.

Structure of the sale: 100% share in s.r.o.

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