ACQUISITION OPPORTUNITY

Global Reach and Diverse Product Portfolio

The Company sells spare parts for the leading brands of European, Japanese and Korean cars as well as for all European commercial vehicles. In recent years it started with supply of parts for construction vehicles to respond to market needs for spare parts for such vehicles because of the increasing construction works in the country.

The Company offers about 40.000 products to its customers. Inventory of about 10.000 products is permanently maintained with the current sale value of about €4,8 million.

The company prides itself on its global sourcing capabilities, importing spare parts, accessories, professional tools, and service equipment for European, South Korean, and Japanese vehicles from over 80 suppliers worldwide. With a product offering of over 40,000 items, it caters to a diverse range of customer needs. Inventory of about 10.000 products is permanently maintained with the current sale value of about €4,8 million.

Strategic Infrastructure and Wide Customer Base

The company operates from a central distribution warehouse of 1.200m², conveniently located adjacent to the company’s 400m² headquarters. It also boasts a large parking area of 2.000m² for cars and delivery lorries. To ensure proximity to its customers, the company has established 12 regional distribution warehouses. This strategic infrastructure allows the company to serve over 5.000 customers and supply to over 700 retail points of sale.

The Company has the most modern storage software for precise determination of products according to the type of vehicles, as well as programs for the monitoring of the inventory, which allows it to respond to customer requests in the fastest possible time.

The process of suppliers’ representation, organization of inventory and distribution is managed by an experienced team for over 15 years. The team members are graduated mechanical engineers who have extensive knowledge of automotive sector and quality standards as well as the market in which the Company operates. In combination with the state of art storage software the Company operates, the sales team can respond quickly and efficiently to customers’ demands for spare parts identification, sourcing and delivery. The Company employs 61 people.

Fixed assets

The Company owns a warehouse of 1.200m² as the central distribution centre for all its products. The Company also has 12 regional distribution centuries with their own warehouses to be close to its customers. These premises are rented. Adjacent to it is the administrative HQ on 360m2 and a large parking of about 2.000m² for passenger and commercial and delivery vehicles. The estimated market value of these fixed assets is about €1.2 million.

Reliable Service and Online Presence

The company has secured annual maintenance agreements with 14 public companies and institutions, ensuring a steady revenue stream. It maintains an inventory of over 10,000 different spare parts and lubricants, ready for immediate distribution directly to the customer. In addition to its physical presence, the company has a strong online sales platform, further expanding its reach.

Impressive Financial Performance

In 2023, the company reported total revenue of €8,819,286, a pre-tax profit of €1,127,415, a net profit of €1,019,836, and an EBITDA of €1,199,573. This financial performance highlights the company’s profitability and potential for further growth.

The Company does not have any long or short term liabilities such as bank loans.

Other relevant points

• The Company’ financial performance is improving from year to year;
• Average annual growth rate (CAGR) of the Company's revenue in 2020-2023 was 13,77%;
• Well-known and powerful brand on the market, brand and logo registered and protected;
• Established product quality control system recognized and accepted by numerous customers;
• Huge, accumulated know-how regarding the import, distribution and sale of passenger and commercial vehicle products;
• Highly recommended!!!