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Business For Sale
CAR BODYWORK & MECHANICAL REPAIRS
Attn:
Andrew Hudson
North West London, United Kingdom, GB
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Listing Number: "AL121 "
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Listing
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Asking Price: |
$4,250,000
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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wish to retire |
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Yearly Revenues:
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$1,500,000 |
Business for Sale Overview:
This business has been established since 1981 and is a successful Motor vehicle Repair Company, considered the largest repair specialist in North West London. They are an ISO9002 Accredited Company, and also have official body repair accreditation with numerous companies, including Leading Insurance Companies and although repairing all makes of cars and light commercials, they specialize in BMW and Mercedes.
Established by the current owner in 1981 this business has built a significant presence within the repair trade, has a business turnover of circa £1,500,000 and employs 30 staff including drivers, management and workshop personnel.
They are fully licensed to carry out bodywork repairs for cars and light commercial vehicles plus mechanical servicing and repairs. A large proportion of their work is contracted to them, for example insurance handlers etc. and they have several on-going long term contracts.
Property Features and Assets:
The property has a fully-equipped workshop which has 2 ovens and 2 jigs, it also has a preparation room, paint store, part store, kitchen, offices and a meeting rooms. The company also has a fully equipped mechanical and bodywork repair workshop and this is included in the purchase price. The electrics for the property is 3 phase.
The property is leased and a new lease is available subject to negotiation.
Market Competition and Expansion:
Currently the company has a website detailing products and services and a history of the business and its successes.
There is currently no advertising or marketing, however strong word of mouth recommendation is key to the success of this longstanding business. With a more focused approach to sales and marketing there is little doubt that significant growth could easily be established.
The company website has been created to have a presence that achieves results, attracting new customers and more business. The Company is recognized for its expertise within its relevant fields of operation, and therefore although most of its work comes via word of mouth recommendations, they also have a significant amount of work from repeat custom and contract work.
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