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Automotive Systems Company for Sale in London, United Kingdom

Thriving e-commerce platform specializing in automotive diagnostics tools/software, featuring robust CS and strong online presence.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 250 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 30 %
Industries Automotive Systems + 1 more
Locations  London
Local Time 1:38 AM Asia / Amman
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: USD 2,000,000)
Reason: The owners want to capitalize on the success of the company and fund or focus on new ventures.
Includes physical assets worth USD 350 thousand
Interested to connect with advisors
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Business Overview

Number of Clients:

We serve thousands of individual customers, including professional mechanics and automotive enthusiasts, alongside businesses such as auto repair shops and car dealerships.

Revenue Model:

The primary revenue comes from the sale of diagnostic tools and software. This might include one-time sales of hardware, subscription or licensing fees for software updates and support, and potentially training or consultation services.

Promoter Experience:

The founders have extensive experience in e-commerce, automotive technology, or both. This might include years of working in automotive repair, software development, or managing online retail businesses, contributing to the company's success and innovation.

Business Relationships:

We may have established partnerships with manufacturers, software developers, and possibly automotive brands. These relationships ensure a supply of quality products, access to the latest technologies, and endorsements that boost credibility. We also hire employees on call.

Customer Service Excellence:

A dedicated 24/7 customer service team capable of supporting clients in English and Arabic, possibly reflected in positive customer reviews and testimonials.

Strong Online Presence:

Significant monthly web traffic (50k visitors) and a solid organic reach with good search engine rankings, alongside an engaged following on multiple social media platforms.

Financial Performance:

A steady monthly revenue (USD 70k-USD 80k average) with a healthy gross margin (35%) and projected growth, indicating effective cost management and potential for scalability. We started operations in mid 2022.

Innovation and Adaptability:

Continuous updates and advancements in product offerings, keeping up with automotive technology trends and customer needs.

Strategic Expansion Plans:

Plans to target the Middle East market, leveraging the language skills of the customer service team, and aiming to significantly increase monthly revenue by 2024.

Products & Services Overview

Our top-selling products and services likely include a range of automotive diagnostic tools and software that cater to both professional mechanics and automotive enthusiasts.

Assets Overview

The company does not own any tangible assets as of now except a few hardware product stocks. Intangible assets include proprietary software to the tune of USD 150,000 being the cost of product development. The brand name itself has become highly valuabe and recognizable on Google.

Facilities Overview

We do not have a physical office at the moment. Our business at this point doesn't need an office and everything can be handled remotely. It is also a way for us to cut down on operation costs.

We have a multi-diverse and experienced team from 6 continents all of whom work remotely on a contract basis.

We have a warehouse where are stock is stored in the USA.

Capitalization Overview

Single owner shareholder 100% started with GBP 50,000 of initial capital funding the startup, website and shop development, sales, and marketing costs.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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