SMART vehicle franchise network celebrates record year of financial growth

19/07/2022
Revive! Auto Innovations UK Ltd

SMART vehicle repair specialists, Revive! Auto Innovations has announced a record year of financial growth in 2021/2022, putting the company on course to reach its five-year growth plan announced last month. 

The Rugby-based company which provides high-quality mobile SMART repairs through its 50-strong franchisees, oversaw an impressive network turnover of £15.3 million in the last financial year, representing a 41% increase from the 2020/2021 figure of £10.8 million and even a 21% increase from pre-pandemic turnover of £12.7 million.

Remarkably, Revive! also generated record turnover in all three of its revenue streams, with the firm’s retail, dealership and national accounts enjoying substantial growth of 41%, 43% and 38%, respectively.

This comes after the network’s recently announced plan to recruit 200 technicians and grow annual sales to £40m.

Revive! managing director of sales and marketing, Mark Llewellyn, commented: “We are thrilled to announce our impressive financial accounts for 2021/2022. Our excellent financial performance is testament to the fantastic work of our employees and franchisees alike, who all work incredibly hard to deliver the very best for our customers.

“Significantly, we also outperformed our turnover in 2019/2020, meaning not only have we navigated the economic shock of the COVID-19 pandemic and all the challenges that came with it, but actually successfully adapted to the new marketplace to come back stronger and better than ever before.

“And if 2022’s accounts thus far are anything to go by, it is clear our employees are up to the challenge of surpassing last year’s figures. No doubt, we will be watching our progress closely to ensure we set yet another record year and grow with our franchisees.”

To find out more about Revive! visit https://revive-uk.com/.

Revive! Logo 500x500

Revive! Auto Innovations UK Ltd

Automotive
Established

The corporate world wasn’t as stable as I first thought”: career change pays off for Watford vehicle repair business owner

Passion for cars and friendship fuels Cambridge vehicle repair business success

Husband-and-wife led Gloucester vehicle repair firm named best start-up business in the south-west 

Revive! strengthens senior leadership team on the road to £40M

Northampton and Gloucester vehicle repair franchises join growing list of Revive! award nominees

Belfast bodywork repair firm recognised as the best start-up business in Northern Ireland

Revive! hire former Cazoo operations manager as Head of Business

Revive! Conference Celebrates Another Outstanding Year

Building an Inheritance with Revive!

Revive! celebrates a memorable 2022 with prestigious franchise award wins

We use cookies to track site usage and improve user experience.