Low Emissions Zone Centre With Commercial Vehicle Repairs | | Undisclosed London | | EAST LONDON LOW EMISSIONS ZONE CENTRE WITH COMMERCIAL VEHICLE REPAIRS Expertise with Euro III & IV emissions technology Approved supplier status from HJS/ VoSA approved Emissions test ctr A/T: £300,589 GP: 53% NP:£60,000 LH £175,000 REF: 9983E | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61084
ADVERT IMPRESSIONS : 30,184 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £175,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Sited on industrial estate with a range of small, medium and large businesses
• Many complimentary automotive businesses on the estate
• Large yard to front of garage facility with unrestricted street parking
• Located within the London Low Emissions Zone
HISTORY
• Business originally established by vendor some 15 years ago
• Ongoing programme of investment to ensure appropriate industry standards are maintained
• Particular expertise in conversions work to ensure EuroIII/IV compliance – tie up with HLS Emissions Technology
• Loyal repeat customer base nurtured over many years with many trade and personal contacts
• Excellent reputation as independent offering high quality work at reasonable prices
REASON FOR SALE
• Emigration
SERVICES
• Mechanical servicing and repairs for commercial vehicles ranging from 3.5 tonnes to 44 tonnes
• MoT preparation
• EuroIII/IV conversion work and maintenance
• Approved HJS Low Emissions Zone Centre
• VoSA registration to allow emissions testing on site
• Regulatory advice and guidance
CUSTOMERS
• Good mix of owner operators and businesses with larger fleets
• Customers working in the haulage, scaffolding, construction and waste management industries
• Many cross sales from existing customers to ensure Low Emission Zone Compliance – Euro III and Euro IV
SUPPLIERS
• Traditional wholesalers within the motor trade
• Diesel particulate systems supplied by HJS Emission Technology (Germany) with an Approved Supplier status
STAFF
• Vendor
• 3 full time mechanics
TRADING HOURS
• Weekdays 8am to 5pm
• Saturday 8am to 12 Noon
• Sunday Closed
FINANCIALS
Turnover
2010 £300,589
2009 £356,379
2008 £630,261
2007 £460,957
• Gross profit margin 53%
• Net Profit has averaged £60,000 per annum over the past 4 years
OVERHEADS
Staff £74,597 pa
PREMISES AND EQUIPMENT
• A large leasehold garage unit, with 2 work bays, office, parking and yard/hard standing
• Yard to front and side of main building
• Office
• Inspection pit
• WC
• Brake testing machine
• Jack
• Presses
• Drills
• Metal folding machine
• Guillotine
• MIG welding equipment
• Compressors
• Heater
• Waste oil burner
• Headlight testing equipment
• Rolling Road
• Steam cleaner
• Oil storage tank
• Sundry specialist tools
• A sign-written van is also available by separate negotiation
STRENGTHS
• Well established as repair centre excellent local reputation
• Professional and fully trained staff
• Solid financial performance
• Good commercial customer base
• Expertise with Low Emissions Zone (LEZ) legislation
• HJS Emission approved centre
• VoSA accredited
• Rental income stream
• Requirement for LGV operators to comply with current Euro III and impending Euro IV legislation
• Valuable inventory of tooling and equipment
SCOPE
• Tremendous opportunity afforded by Euro IV legislative changes requiring HGV operators to comply by 2012
• Euro IV compliant systems are supplied at a cost to the customer of £5,000
• It is estimated 25,000 vehicles based in London require conversion with an additional 100,000 requiring conversion to legally travel within the M25 ring
• Business development activity extremely limited at present with potential to market to existing customer base
• Introduction of website
• Opportunity to extend opening hours and operate night shifts to meet anticipated customer demand
• Extremely short pay back period for buyer exploiting Euro IV market
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: | 9983E / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
