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Business For Sale
VEHICLE BODY REPAIR GARAGE F\H£300,000 PLUS SAV
Attn:
NEETI JASHVIR
Worcestershire, United Kingdom, GB
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Listing Number: "8637WR"
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Listing
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Asking Price: |
$300,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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retire. |
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Year Established:
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1982 |
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# of Employees:
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3 Full Time |
Business for Sale Overview:
Advent Business Sales is delighted to offer to the market this extremely well established and profitable motor body repairer.
The business was founded by our client in 1982 and is now being offered for sale as the vendor has decided to retire.
The vendor has reaped the rewards of his considerable efforts in securing high levels of insurance work which now accounts for
approximately 60% of turnover.
Sales are split between local businesses and the general public.
The business repairs all makes and models of cars and commercial vehicles and color matches all paints on site.
The business is equipped to a very high standard including, welders and hand tools etc, and is run by the vendors plus 2 full
time and 1 full time self employed staff.
It has an excellent extra high spray booth / oven to accommodate extra high vehicles.
Property Features and Assets:
Tenure: freehold - Leasehold option available;
Original lease: TBN;
Review every: TBN;
Rent: £15,000 per annum;
We are advised that the annual business rates are currently:
£2,960.
Ground Floor.
Large car park with portakabin office.
Roller shutter door into main workshop.
Space for 6/7 vehicles to be worked on at any one time.
Large spray/oven booth.
Mixing room.
Staff room with w/c.
Stores on mezzanine to first floor.
Total floor area approximately 2,000 square feet on ground
floor, 200 square feet on first floor.
Market Competition and Expansion:
Whilst already a successful business, there is still excellent potential for growth and expansion including:
1. Developing a web site.
2. Advertising – none is done currently except Yellow Pages.
3. Taking credit card payments.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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