Arbury Group's Paul Goodwin is eager to grow from stable roots

Over the past two years, that growth has been mostly organic – the last franchised site added to the group’s portfolio was a £400,000 Seat dealership in Solihull, in June 2016.

The group has also been actively shedding debt and its gearing hit a low of 31.2% in 2016, down from a high point of 66.7% in 2007.

New managing director Paul Goodwin is not keen to gamble with what appears to be an established recipe for success.