Business for Sale Overview:
This highly respected and professional business was set up by the vendor over 40 years ago to provide customers with consistent high quality workshop services at truly independent prices. In this time the business has built up a sterling reputation for providing unrivelled service to customers as well as developing a specialist engine and gearbox repair and rebuild service such is the depth of knowledge within the business. This specialist service is only a small part of the current operation but could certainly be developed should a new owner so require.
The business provides a comprehensive range of services including MOT, repair, servicing, diagnostics and air conditioning services for both cars and vans (90% of workshop work is cars). In addition to this the business utilises its large forecourt facility, as well as a website, to sell good quality used vans such as the Mercedes brand . Approximately 70% of current revenues come from the servicing, MOTs and repairs with the remaining 30% coming from van sales.
The business is ideally located within a densely populated area and is a large facility with superb infrastructure that has plenty of scope for future expansion.
The business has enjoyed very consistent business levels to date and has built a loyal customer base.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The premises are freehold. Freehold valuation of the site is circa £375,000. Rates are circa £4425 p.a. The site is large and comprises a fully equipped workshop (2 ramps and one pit), Separate MOT Bay , reception and waiting area, two further offices and customer toilets. Buildings circa 3500 square feet. Outside there is a very large floodlit forecourt with perimeter fencing and gated access. The site has good access, visibility and good signage.
Market Competition and Expansion:
The business has used the Yellow Pages for many years to promote the business and also utilises several motor journal/ guides (online) to advertise its services. In saying that the majority of work comes via word of mouth recommendations, repeat business and referrals. The business would certainly benefit from a strategic sales and marketing campaign as well as the development of a customer database, such are the large number of customers it enjoys.
Reason for Selling:
The vendor is looking to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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