Derbyshire’s Ron Brooks Group has reported a pre-tax profit record of £1.24m for the year ended June 2021. This is up 69% on 2020, on turnover of £34.2m and represents a 3.6% return on sales. The franchised dealer group stresses it has no debt and £5m in cash reserves. They state they are “well positioned to capitalise on any new business opportunities”.
A family-owned retailer, Ron Brooks has two Toyota dealerships, Ilkeston and Mansfield and one Suzuki site in Mansfield. The group is believed to be Toyota’s longest-serving UK partner and will celebrate 50 years in 2023.
Group strategy and innovation manager Tom Slack told Auto Retail Agenda the results are a “powerful message for smaller groups against PLC rhetoric – that we can do well too”.
For more information on Ron Brooks Motor Group follow: https://www.ronbrooks.co.uk