| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 204,697 TIME(S)
BUSINESS REFERENCE : AL092 / RightBiz MOTOR ENGINEERS | | | | | | Motor Engineers Confidentially offered for sale Ref No:AL092 Location: North East Asking price: £550,000 Freehold | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor & Transport | | SALE: | Agent Sale | FREEHOLD: | £550000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established over 35 years ago, the main services the busines provides are repairs, MOT’s up to class 7 vehicles, servicing up to 5 ton plus tyre sales.
This business has been steadily expanding, the investment the owner has put back into the company has certainly paid dividends, which offers someone a superb commercial opportunity to purchase this business.
The company prides themselves on delivering an efficient local friendly service, the freehold premises provides excellent garage facilities and is conveniently located close to major town & city centres and is also near to the main motorway link for the North East.
The garage offers a healthy split, catering for both private and trade business, with regular daily business received from approximately 30 account customers, some being well known blue chip company names.
Equipment:
All the machinery and equipment is part of the asking price for the business, and includes;
5 x 2 Poster ramps
1x 4 Poster ramp
Repair pit
Airguns
All tools
Air lines
2 x Tyre machines ( 1 up to 26” diameter – one man operator)
10 ton Hydraulic press
2 x Wheel balancers
Jacks/trolley jacks
Hose reels
Hot water power wash – for engines
MOT gas analysers( both diesel & petrol)
Air conditioning machine
Engine hoist
Battery booster
2 x Compressors
Pick up truck
Mercedes 700d Breakdown truck, with power lifts
Skoda pick up
Escort van
Peugeot van
Citroen estate
Office furniture
Basic computer system
Key Strengths:
This is a well run and established motor engineers business, which has an excellent daily order book. At any one time the highly skilled and trained staff can work on up to 8 vehicles housed inside the workshop.
The business handles many different types of jobs and has on hand superb up to date equipment, giving the garage a flexibility much appreciated by its customers.
A quick and efficient recovery service is available for customers, using the businesses own breakdown vehicles. If needed there is also a very useful lock up compound, which can house up to 15 vehicles at any one time.
The premises are fully secured by an alarm system, while the main garage building also has the benefit of recently upgraded steel shutters.
Growth, Expansion and Opportunities
There is land at the side of the garage, which with the permission of the current owner could possibly allow for expansion of the business.
The garage is located in close proximity to the local motorway and there is a possibility to tender for the motorway call out business.
At present the garage and its call out service is only available from 8.00am – 5.00pm. A twenty four hour call out service could be offered with the added benefit that the garage already has an idle lock up compound for overnight storage of vehicles.
Employees:
The owner is responsible for the day to day running of the business, supported by a Company secretary, Reception manager, Storeman, Technical assistant, Garage charge hand, Driver/handyman, 5 x Fitters and 2 x Apprentices.
Advertising and Marketing:
Most business is attained from repeat customers and word of mouth recommendation.
There is a website which is affiliated to the good garage scheme website.
Premises:
Freehold garage occupying two floors of circa 4,150sq.ft. The first floor comprises of a useful store room and administration office. The ground floor houses the main workshop including pit area, a staff rest room, a rear store room and three interconnecting offices. Outside is a large forecourt/ parking area and adjoining is a large lock up compound with room for approx. 15 vehicles.
Business Hours:
Monday – Friday 8.00am – 5.00pm,
Saturday 8.30am – 12.30 pm
Sunday Closed
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.
Turnover is circa £517,000 per annum with a Gross Profit of circa £351,000.
*Turnover has increased circa 14% in the past year
Reason for Sale:
The owner would like to retire.
Support and Training
The current owner would be keen to help for a suitable period of time. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AL092 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
