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Commercial Vehicle Repair Centre

Undisclosed London
Commercial Vehicle Repair Centre Large Fully Fitted Workshop providing Servicing, Testing and Repairs of Large Commercial Vehicles Confidentially offered for sale Ref No: AM078 Location: East London Asking Price £235,000
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 42523
ADVERT IMPRESSIONS : 26,277 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE:
SALE: Agent Sale

LEASEHOLD:

£235000
 

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BUSINESS DETAILS:

Business Profile:

This garage is an established and reputable garage based in East London, offering all types of major mechanical repairs, servicing and electrical repairs to large commercial vehicles. This is a thriving business.

Quality workmanship is carried out each and every time, with all repair and maintenance work undertaken under strict quality guidelines, and rigorous quality inspections are completed before final delivery to the client. The business also offers a full range of products and services.

The business delivers a professional, cost effective and friendly service and has an excellent reputation for fulfilling all servicing and repair requirements, with qualified mechanics who will attend to the client's individual needs

Client's queries are seen to immediately and all work is done as efficiently and to the highest quality possible.

This business has built up an excellent reputation for integrity and good service due to their continued commitment to a fast and efficient service at competitive rates and customer satisfaction.

The business's staff are highly experienced professionals who ensure the smooth running of all jobs performed on the vehicles. They are well established and have developed a strong base of technical expertise and maintain a process of continuing quality improvement so as to achieve total customer satisfaction.

Customer Service:

This business maintains a large base of many satisfied repeat clientele and referrals that appreciate superior service, a timely job completion and quality work.

Employees:

The business employ’s one full time Mechanic and two self employed mechanics and one bookkeeper.

Equipment:

Approx £100,000 of tools and equipment to be included in the sale of the business.

Key Strengths:

The business has invested in technology, using a complete garage computer administration system that enables the garage to maximize revenue earning potential whilst providing additional valued services to the customers, increasing the efficiency of the business.

The business provides an excellent opportunity for any purchaser seeking a well-established business who has total commitment to quality service.









Growth and Expansion:

There are many opportunities for growth and expansion for this business to increase turnover. The possibility to launch a user friendly website to increase sales and boost turnover.

Key Opportunities:

The new government emission law means all large trucks need ‘abatement traps’ fitted. This is a massive opportunity for the business with over one million Lorries in London needing to be fitted.

Advertising and Marketing:

The business doesn’t undertake any formal forms of advertising; any advertising is made direct to commercial vehicle companies in the local area. A high proportion of the business's revenue is due to strong word of mouth recommendation the business receives from highly satisfied clients.

Premises:

The business operates from leasehold premises in East London. The premises consist of circa 8,000 square foot work yard and 5,000 square foot of workshop with numerous ramps, pits and servicing area plus an office, WC and kitchen.

Annual rent is changed at £24,000 with rates charged additionally at £19,200.

Business Hours:

Monday – Friday 8.00 am – 5.00 pm and half day on Saturday.

Financial Information:

All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is circa of £450,000 per annum with gross profits of £137,000. The forecast is for continued growth with net profit expected to be circa £75,000.

Reason for Sale:

The current owner wishes to emigrate following the sale of the business.

Support and Training

The owner is happy to assist with the handover and training.
   
  FOR SALE
   

REFERENCE:

AM078 / RightBiz
   
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