Farnborough Vehicle Repair & MOT Business For Sale - Mobile, 30-Mile Radius, Est. 2007
Farnborough, Hampshire
- Status
FOR SALE
- Date Submitted:
07/11/22
- Advert ID
503264
- Reference
588624 / Rightbiz
- Call Agent:
- Asking Price: £399,950
- Turnover: £618,292 (£11,890 Per week)
- Net Profit: Not Applicable
Business Details
Vehicle Repairs & MOT For Sale in Farnborough
MOBILE CAR BODY REPAIRS BUSINESS for Sale - Servicing a 30 Mile Radius of Farnborough.This is an exciting opportunity to acquire this long established vehicle body and wheels repair business which has been operated by our client since 2007. The business is run predominantly by staff and services a 30 mile radius of Farnborough, covering Yateley, Bracknell, Reading, Maidenhead, High Wycombe, Basingstoke, Guildford, Epsom and surrounding areas. Services include alloy wheel repairs, bumper work and general bodywork repairs. The business achieves an enviable turnover in excess of £600,000. Showing adjusted net profits of £258,357 prior to directors salaries, depreciation and equipment hire on draft accounts for year ended 30th June 2023. The business is run from home in Farnborough and could be operated from anywhere in the area.
EPC Exempt.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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