Vehicle Contract Hire Company

SORRY THIS BUSINESS HAS ALREADY BEEN SOLD

Business Opportunity - Vehicle Contract Hire Company

Potential Pre-Pack Administration Sale

We are advising a vehicle rental company who anticipate entering into administration shortly

They own very little in the way of physical assets, as ALL vehicles rented to their customers have been bought with finance agreements which we understand have significant negative equity

A buyer of the business would therefore need to novate the agreements (should the finance companies cooperate) or make arrangements to obtain replacement vehicles. There is no guarantee customers will stay, especially if new vehicles need sourcing

Interested parties should for now forward their details to jonathan@robsonkay.co.uk together with the identity of the interested party. We will only deal with principals not agents. As soon as we have more information we will then update the interested parties accordingly


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