Total of 18659 firms and businesses for sale today Tuesday 14th May 2024
Time to Sell or Time to Buy !

Sold. Motor Vehicle Workshop, Bodyshop, Mot And Recovery Centre

LISTING DETAILS
Firms For Sale ID:
33906
Vendor reference:
AL184
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£170,000  
Turnover / revenue:
£619,000
Net profit / cashflow:
£68,000
Number of employees:
9
Employees / staffing:
As well as the owner who works within all aspects of the business there are, three fully qualified mechanics and recovery drivers, paint sprayers, time served panel beater, a driver/valet, a full time administration assistant and a part time admin assistant.

OTHER DETAILS
Reason for selling:
The vendor has worked all of his life building up the business to its current position. He would now after a good number of happy years like to pursue another avenue in life.
Support and training:
The owner would be happy to help with a smooth transfer of the business in any way possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Motor Vehicle Workshop, Bodyshop, MOT and Recovery Centre
Vehicle Repairs and Recovery Primarily for the Police Force
Ref.AL184
Location North East
Asking Price GBP 170,000
This is a great opportunity to acquire a well-established business which specialises in the recovery and repair of vehicles primarily for one of the North Easts primary Police Forces with a long term contract in place that has several years still to run with the option to extend. The company are insurance approved and recover, repair, service and MOT vehicles for the local community including work for the local County Council plus other local garages and fleet owners. The company also sells a small amount of quality second hand vans and trucks to local tradesmen but this represents a very small part of the business.

The business operates from an excellent location close by to a busy town centre and within easy access of the main trunk road in the region. There is a well-equipped garage with MOT station, body jigs and paint spraying booth plus a secure car park and yard for overnight storage of vehicles. There are six recovery vehicles on call twenty four hours a day every day of the year and the company are ISO 9001 accredited plus PAS 43 which allows them to work on the roadside offering assistance and recovery to all types of vehicles including commercials.

The company employs a small team of fully qualified mechanics, panel beaters and paint sprayers and has a good local name and reputation with regular all year round business. This would be an excellent business opportunity for someone to acquire with contracts in place, continual work in progress and a skilled workforce. An early viewing of this company is recommended.

Expansion Potential
The company applies for their contract with the police every four years. There is every reason to expect that the contract will renewed as the company have worked hard to achieve all of their accreditations and are monitored regularly to see that their service proposition is up to the required standard.

New owners can take advantage of the solid foundations that this business has been built on. The vendor has invested heavily in both equipment and staff training to ensure that their work is of the highest standard.

This is a local business with good contracts in place, has a good location and has regular repeat customers. The future is bright with continued growth and new owners with fresh enthusiasm and ideas can only take the business forward to a new level.