Authorized dealer of new and used cars with service

Basic information

The subject of sale is 100% share in a company operating in the field of authorized car sales and service. The company has been providing its services in this sector since the nineties, when it was founded and started doing business in the field. The company is an authorized dealer of 3 passenger cars (Mazda, Ssangyong / KGM, Fiat) and one brand of commercial vehicles (Fiat Professional).

The main activity of the company is authorized sale of passenger and commercial cars, caravans and motor homes. In addition to the sale of new cars, the company also operates a car dealership. As part of the operation of the car dealership, the company sells used cars, buys and imports used cars, commission sales of used cars, and also provides a vehicle buyback service, or. car purchase on account. The company sells approximately 240 new and 70 used cars annually.

In addition to sales, the company performs complete warranty and post-warranty service of authorized brands and repairs all car brands. As part of its service offerings, the company provides complete emergency service (inspection, follow-up inspection and repair work) in a top-notch car service and can promptly resolve any insurance claim. An integral part of the services provided is the sale of original spare parts and original accessories for any of the authorized brands.

The company maintains high competitiveness through regular innovations – first and foremost, it repeatedly invests in technology renewal and also makes regular investments in the modernization and maintenance of the premises. Thanks to this, the company is able to provide high-quality and reliable services.

The company has its headquarters and shop in a busy and easily accessible commercial location within the urban agglomeration in western Slovakia. The company’s headquarters and facilities consist of a modern and spacious area with an area of ​​almost 11,000 m² (commercial premises/showrooms together with administrative facilities, a car service, a plumbing workshop, a hand wash, handling areas and a large parking lot), which is adapted to the needs of the company. The estimated market value of the entire complex is at the level of 4 to 5 million EUR. The area in question is already part of the purchase price. The land owned by the company provides the possibility of further construction of possible showrooms and expansion of the brand portfolio, or other commercial premises.

The strategic location and size of the entire complex offer the opportunity for various uses of the premises, not only for the purpose of operating a car dealership. The premises could be used fully or partially for a possible development project. The owner also allows various partial sale options.

The company’s economy is stable in the long term, the company’s revenues in the years 2021 to 2024 ranged between 10 – 12 million EUR, which demonstrates a stable and strong position in the local market. The company’s real EBITDA oscillates in the long term at approximately 300 – 800 thousand EUR per year.

New vehicles of individual brands are financed through network financing by leasing companies and commercial banks. In addition, the company has long-term maintained inventory levels (second-hand vehicles, rental cars, spare parts and company-owned cars) at approximately EUR 1.0 – 1.5 million. These inventories are not implicitly part of the purchase price, the new owner may or may not purchase them together with the company. If they decide to purchase them together with the company, their value will be added to the requested purchase price of EUR 4.9 million based on the current market value of the inventory.

The stated price expectation includes the company net of any bank debt. If the interested party prefers to keep the bank debt in the company, the declared price for a 100% share in the company would be reduced by the amount of bank debt that would remain in the company.

The reason for the sale is the owner’s planned retirement.