Body Work Garage Middlex Reduced | | Undisclosed Middlesex | | MIDDLESEX BODYWORK GARAGE -EST 30 YRS Highly visible in densley populated residential area Bodywork damage repairs Good local reputation - 65% insurance related work Fully equipped with 2 full time staff plus owner L/H £160,000 ref: 9505HA | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 44523
ADVERT IMPRESSIONS : 20,423 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £160,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The garage has an excellent high visibility location in the centre of a densely populated residential area with high volumes of passing traffic in North London.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this exceptionally well established and profitable bodywork garage.
Founded over 30 years ago by our client, the business is only now being reluctantly offered for sale as he wishes to retire.
The garage has an excellent local reputation and is well known as an expert repairer of general bodywork damage with a high instance of work coming from referrals from previously satisfied customers.
Approximately 65% of work is insurance company related with the balance from private retail customers wishing to sort their own repairs.
The garage is fully kitted out for purpose and includes:
Scizzor ramp
Facom Mobile 2T lift ramp
Jonair oven which can accommodate up to a small commercial vehicle
Invertor
Spot Welder
Air conditioning unit
Blackhawk body dozer
Marlin Quick pull jig
2 compressors 1 of which is a standby
Lazer measuring equipment
Headlamp beam setter
Miracle repair kit
Spray guns
Glass matrix estimating system on the computer
Paint mixing room
2 courtesy cars
The vendor works full time in the garage and has 2 full time staff members. In the year to 31st March 2009 they achieved annual sales of circa £250,000 with a gross profit of approximately £121,000 after purchases and wages into account.
We are advised that stock at cost is approximately £2,500.
This is an excellent proposition for a main dealer wanting their own body shop or for another garage looking to expand into the area.
REF: 9505HA
TRADING HOURS
Mon-Fri: 8.30am -5.30pm
Sat: 8.30am 12.30
EXPANSION POTENTIAL
Our client clearly has a successful business, it does however, still offer excellent scope to increase sales and profits by:
1. Carrying out smart repairs where they re-instate the pattern of cigarette burns in fabric seats, plastic welding to repair spoilers or bumpers and restore alloy wheels to the original factory finish.
2. Have a web site so potential customers can view the facilities and the scope of work carried out
3. Carry out minor mechanical repairs
4. Do some advertising as this is very minimal presently
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £245,000
Gross Profit: £121,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Ground Floor
Side office with counter for customer service
Computer with glassmatix estimating system
Rear kitchen area
w/c
entry into the workshop with full height front sliding doors for easy vehicular access
Junair oven, paint mixing room, gas fired warm air heating
scizzor ramp and mobile ramp
parking for approx 9 vehicles inside at night
additional 9 spaces at side and rear of premises in secured area
The premises are fully alarmed.
TENURE: Leasehold
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9505HA / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
