Business for Sale Overview:
This business was founded in 1960 by the original owner and purchased from him by the current owner in 1998 growing throughout this period to become a significant enterprise with a reputation for the quality of its repairs, flexibility of service and reliability. The business undertakes any type of accident repair, from smart dents to major chassis repairs etc and deal with clients from trade to private to insurance company work.
The business operates from a prime location in East London that is currently under utilized, thus offering scope for considerable growth and has established itself as one of the region’s leading vehicle body repair centers. Many current customers have been loyal to the business for several years and this has been due in no small part to the business’s competitive prices, quality repairs, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, for example its industry estimation system, ensuring that valued customers receive the very best service and quality of repair.
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 business is located in an easily accessible area in East London and operates from a fully equipped workshops that include 2 low bake ovens, 3 phase electrics, compressors, oil fired heaters, jig, 3 ramps, high strength metal welder, dust extraction equipment, Dozer, recovery vehicle, jet wash, own paint mixing scheme, wheel alignment and all tools etc.
The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon, but is currently under utilized meaning there is still huge scope to increase business and services such as mechanical repairs, car rentals, sales, valeting etc.
Rent and space are negotiable with up to circa 12,000 square feet available depending on requirements. A new lease is available to the new owner at terms to be agreed.
Market Competition and Expansion:
The business has used little advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
The business has a small web presence and there is no doubt that turnover and profits could increase using this additional medium. A professionally designed website could allow potential customers to view the extensive range of services and repairs available.
Reason for Selling:
This is a genuine retirement sale.
Additional Details:
- The property is leased.
- 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.