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 reason for the sale is the planned retirement of the owner.

The main subject of the company’s activity is authorized sale of passenger and commercial vehicles, 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, sells used cars on commission, and also provides a vehicle buyback service, or. buys cars 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, car service, plumbing workshop, hand wash, handling areas and a large parking lot), which is adapted to the needs of the company. The market value of the entire complex was estimated by an expert at 3.82 million EUR. The area in question is already part of the purchase price.

The strategic location and area of ​​the entire complex offer the opportunity for various uses of the area, not only for the purpose of operating a car dealership. The area could be used fully or partially for a possible development project.

The company’s economy is stable in the long term, the company’s revenues in the years 2021 to 2024 ranged from 10 – 12 million EUR, which demonstrates a stable and strong position in the local market. The company’s real EBITDA has oscillated in the long term at approximately 600 – 900 thousand EUR per year.

New vehicles intended for sale are financed by leasing financing and are part of the stated price. In addition, the company maintains a long-term inventory level (second-hand vehicles, cars in the rental company, and new cars owned by the company) at a level of approximately 1.0 – 1.5 million EUR. These inventories are not implicitly part of the purchase price and their value will be added to the requested purchase price of 5.9 million. EUR based on the current stock level, which the interested party will take over together with the company.

The stated price expectation includes the company net of any bank debt. In the event that the interested party would prefer to keep the bank debt in the company, the declared price for a 100% share in the company would be reduced by the bank debt level that would remain in the company. The company currently uses loans in the total amount of approximately 1.1 million EUR.