Fully Equipped Garage Workshop Repairs & Used Car Sales | | Undisclosed Shropshire | | Fully Equipped Garage- Workshop, Repairs & Used Car Sales Confidentially offered for sale Ref No: AL137 Location: North Shropshire Asking price: £150,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 28550
ADVERT IMPRESSIONS : 51,169 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | ASKING PRICE: | £150,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This now well established and truly independent garage has been successfully trading for some 13 years. The owner has built the business on the belief that quality, service and honest, old fashioned values make them the ideal choice for its many satisfied customers.
Having invested in modern technology and equipment the garage can quickly and accurately diagnose faults, and provide full service and repair to vehicles. The business has extensive experience and knowledge of vehicle modifications, performance tuning and motor racing so customers receive the very best advice and workmanship.
The business has almost 5000 cars registered on its database and it keeps clients updated with service and repair reminders to ensure a consistent flow of business. Approximately 80% of revenues are generated through private clients, the remaining 20% being attributed to commercial/B2B customers.
The business has developed and evolved over the years alongside its customer base. Because of this it has a wealth of experience with many types of vehicles but does have a reputation in the region for being a Citroen specialist. In saying that it has the ability and equipment to deal with all manufacturers and styles, be it car or small commercial vehicle.
The company also undertakes warranty work for lease car companies. This accounts for circa 10% of turnover per annum.
More recently the business has also branched out into used car sales (last 12 months ) but this is a very small element of the current operation.
Equipment:
Equipment includes a networked pc suite with Autoworks a leading car aftermarket industry software system used for invoicing, stock control, reporting etc.
The workshop has a comprehensive range of plant and equipment including
1 off 4 Tonne Ramp
2 off Scissor lifts
Diagnostic and test equipment
Equipment is valued at circa £38,000. This is included within the sales price.
Customer Service:
This business has developed by delivering quality service and repair services at competitive prices. I t has a specialist reputation and it has built a large and satisfied customer base.
The business enjoys high levels of customer retention and referrals such is its commitment to customer service.
Key Strengths:
Enviable reputation
Superb location in the main automotive centre of the town.
Excellent premises- option of lease or freehold
Multiple revenue streams
Profitable
Strong infrastructure with regards plant, equipment, services
Diverse yet loyal customer base
Skilled staff
Turnkey solution
Growth and Expansion:
The business has achieved steady and consistent growth over recent years and it is accepted that a new owner with new energy, drive and commitment could easily build on what is a truly established and reputable business.
The owner does not currently provide in house MOTs or bodyshop services through choice. These could be areas for future expansion as could more retail sales of consumables.
Opening hours could easily be increased to incorporate weekend trade.
Employees:
The vendor works full time in the business. He is also supported by two full time fully qualified mechanics and an accountant who is self employed.
Advertising and Marketing:
The business utilises local radio, local press and also has a highly informative website. It enjoys very high levels of repeat business and referrals through the best form of advertising, word of mouth recommendation. It keeps all customers cars on its own database (circa 5000 cars) and updates clients regularly with regards to servicing/MOT reminders etc.
Premises:
The premises are ideally located on a busy industrial estate in the main car centre of the town. It has a large amount of parking available. The workshop is circa 2500 square feet. (including mezzanine storage). Ground floor comprises main workshop, reception, toilets and small office. Mezzanine has stores with racking, mess room and large office.
Business Hours:
Monday Friday: 0800-1800
Saturday: By appointment
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business consistently achieves turnover circa £300,000 p.a. Gross profits are circa £100,000p.a. with resultant net profits circa £40,000 p.a. Plant and equipment is circa £38,000 and included within the sale price. The business has many revenue streams and capacity to increase turnover further within its current infrastructure.
Support and Training:
The current owner would be happy to provide full training and support at handover. He is also willing to stay on within the business for an agreed period after the sale subject to negotiation.
| | | | | | FOR SALE | | | | | REFERENCE: | AL137 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
