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Finance And Services:

Business For Sale. Specialising In Saab Servicing And Repairs One Of The Largest And Longest Established

LISTING DETAILS
Firms For Sale ID:
35009
Vendor reference:
AL250
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£184,950  
Turnover / revenue:
£700,000
Net profit / cashflow:
£61,500
Years established:
33
Number of employees:
7
Employees / staffing:
The business currently employs 7 operational staff who can manage it on a day to day basis.

OTHER DETAILS
Reason for selling:
Retirement
Support and training:
This should be a relatively simple business as the vendor has put in place 2 experienced workshop Supervisors and a long standing experienced Secretary to manage on a day by day basis.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Specialising in Saab Servicing and Repairs
One of the largest and longest established
Ref. AL250
Location : East Anglia and UK wide
Asking Price : 184,950 plus SAV
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of one of the largest and longest Classic Car servicing centres in the UK.
The business was first established in 1986. The vastly experienced team have unique knowledge of the Saab Marque. Customers travel the length and breadth of the country to benefit from the wealth of brand knowledge. The business has exclusive rights on many products including the QUAIFE limited slip differential.
There`s definitely a motoring community feel around this business. It`s very well known and trusted. The close attention to customer service has led to its excellent long standing reputation.
The team has over 150 years combined Saab experience. All the mechanics have been specifically trained to work on Saab`s. They possess a unique set of skills in building Saab

Expansion Potential
The current owners feel that the business is in an excellent position of strength to facilitate growth and expansion. Classic Car spend is growing rapidly. This is borne out by the attendance numbers at the many exhibitions currently aimed at the Classic Car fraternity. The N.E.C. Classic restoration shows and The SAAB Owners Club all present great opportunities to attract regular new business.

Market / Competition / Non-Competition Agreements
The current advertising spend is only 4,000 per annum. The new owners might consider increasing presence in the many Classic Car magazines displaying at various trade shows and exhibitions.