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Asking Price:	$50,000 GBP United Kingdom Pounds
Business for Sale Industry:	Auto & Mech: Services & Gas Stations
Reason for Selling:	unrelated alternative business venture.
Year Established:	1989
# of Employees:	2 Full Time
Yearly Revenues:	$125,000

Business for Sale Overview:

The Business: Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable garage, which specializes in body and spray shop repairs on car and commercial vehicles. The business, which was established 19 years ago, is only now being reluctantly offered for sale to allow the vendor to pursue an unrelated alternative business venture. The workshop, which is staffed by the owner with the assistance of two full time staff, (1 is an apprentice), achieves annual sales of approximately £125,000 which is split approximately 80% account customers and 20% retail. The workshop is unusual in that it could accommodate a Double Decker bus or 35 foot long trailer. Included within the asking price is the following: Spray booth/oven. Spray bay. Extraction equipment. 2 compressors. Large selection of hand tools. Stock at cost is approximately £1,500. Our client is willing to offer a hand over period to a new purchaser to ensure a smooth transition and effect introductions to staff and customers.

Property Features and Assets:

Large rectangular shaped premises of approximately 4,000 square feet.
Full height roller shutter door to the front to allow very tall vehicles to enter.
Side entry door with security bars to the front.
Side office, kitchen area and w/c.
Spray booth/oven and spray bay to the rear both with extraction.
Large working area to effect repairs and for overnight parking.

Market Competition and Expansion:

Whilst already a profitable business there is still room to expand the turnover and profits further by: Putting in another spray booth/oven. Buying damaged car to repair and sell on. Advertise more – currently only uses Yellow Pages. Apply for insurance work – very little is carried out presently. Carry out mechanical repairs – employ an experienced mechanic.

Additional Details:

• The property is leased.
• 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.