Assets Sold

Automotive Website Business For Sale

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An excellent opportunity exists to purchase the business and assets of a UK based business providing a leading automotive website providing independent, accurate and trusted advice to consumers in order for them to make an informed buying decision.

The Company’s headline statistics for 2019 are as follows (*source GA):
- Overall page views – 80m*
- Users – 21.6m*
- Sessions – 30.3m*
- 74% traffic via organic search*
- 80% of sessions in cars*
- 0% traffic paid for search*
- Registered readers – 400k
- Newsletter subscribers (via various newsletters) – 71k

Interested parties are requested to specifically deal and formally register their interest with Kevin Counihan at SIA Group, who are acting as Agents on behalf of the proposed Administrators.

Interested parties should be in a position to submit initial expressions of interest by no later than 20 January 2020 with the purchaser being in a position to complete the transaction shortly thereafter. All offers should be supported by proof of funding.

The Joint Administrators would like to achieve a Sale in short order and as such, it is anticipated that the sale and purchase of the shares, or otherwise of the business and assets, will be executed at the earliest opportunity.