“THE RIGHT BUYER” SOURCED FOR CLIENT

“Knightsbridge kept us up to date and sent us plenty of interested parties…would definitely recommend.”

Established in Durham in 2019, Ship Cars Ltd is an internationally recognised vehicle shipping services company that offers ocean sea freight transport. Knightsbridge Operations Director Sara Thomasson led the sale and highlighted our client’s finer qualities:

“Ship Cars operates worldwide. It provides comprehensive services, including roll-on/roll-off, and container shipping. The business is highly successful, shown through its most recent turnover which was in excess of over ￡1.6 million.

“It benefits from a strong client base and a very positive reputation - including hundreds of online reviews. The company has been established with minimal marketing, presenting an ideal opportunity for growth, and is also a fully relocatable opportunity.”

Knightsbridge initially drew the interest of 69 potential buyers. Following conversations with each, 11 parties were deemed as serious candidates and meetings were conducted. No less than five formal offers were ultimately put forward, allowing us to create competition amongst those trying to acquire Ship Cars.

The successful bid was submitted by first time buyer Navdeep Singh, a local entrepreneur who is also based in Durham and was well aware of the potential opportunity that Ship Cars presented, before becoming a reality.

In a five-star review, our client Nicola Laycy commented: “Sara was lovely to deal with, they sold our business as promised, kept us up to date and sent us plenty of interested parties before we found the right buyer. Would definitely recommend.”

“Ship Cars was offered for sale to facilitate retirement plans, which also involved relocation. We’re pleased to have achieved this for Nicola, who was very happy with the deal,” Sara concluded.