Bodywork Repairs And Re Finishing Garage | | Undisclosed Surrey | | SURREY BODYWORK REPAIRS AND RE-FINISHING GARAGE Extremely well est business which has been trading for over 39yrs Good commercial and private customer base Professional and fully trained staff Excellent local reputation offering high quality work at reasonable prices Potential to sub-let unused first floor office space A/T: £237,273 L/H: £75,000 + SAV REF: 1255KT | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71302
ADVERT IMPRESSIONS : 20,803 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £75000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The business is ideally located on a small industrial estate situated on the edge of an affluent residential area in Surrey
HISTORY
• The business was originally founded over 39 years ago, whilst the present vendor has owned the business for over 10 years
• The business has an excellent reputation as an independent garage offering high quality work at reasonable prices
REASON FOR SALE
• The business is only now being reluctantly offered for sale to enable the vendor to look after his ill family
PRODUCTS
• Bodywork repair and refinishing work on all vehicles up to an including a long wheel base and high top transit size and equivalent
SERVICES
• Delivery and collection work undertaken
• The business has 2 courtesy cars available if required
CUSTOMERS
• Mix of private, trade and insurance work with approximately one third of each undertaken
• High repeat rate with local clientele
• Retail mainly attracted by word of mouth
• Most customers are within an approximately 15 mile radius of the premises
STAFF
• 6 full time staff including the vendor
• 1 part time secretary
TRADING HOURS
• Weekdays 8.00am to 6.00pm
• 9am – 12 noon Saturday
FINANCIALS
2011 2010
Sales £237,273 £288,016
Gross £77,850 £111,202
Net ( £1,074) £26,527
• Stock holding £10,000
• The vendor is prepared to work with a new owner to ensure a smooth transition and to give the necessary introductions to both staff and customers
OVERHEADS
Staff TBC
Rates £16,000
PREMISES
• Very well presented spacious premises which briefly comprise:
• Customer entry from car park into reception area
• Kitchen to rear
• Stairs up to male and female W/Cs
• 4 offices plus store room
• From reception into workshop area with works W/C and canteen area
• Parking area for circa 4 vehicles
• Main preparation area with 2 ovens, 1 of which has a 9 foot high clearance to be able to take larger vehicles
• Paint mixing room
• Sliding side doors for vehicle entry and exit
• Equipment includes:
• 2 ovens with 1 oven having 9 foot clearance
• Paint mixing rooms
• Car aligner
• 2 poster ramp
• MIG welder
• Miracle system
• Wheel lift
• Compressor
• 3 trolley jacks
• 2 mobi lifts
• Short wave dryer
• Spray gun wash
• Numerous portable equipment
• The premises also benefit from being alarmed and with offices being double glazed
STRENGTHS
• An extremely well established business which has been trading for over 39 years
• Good commercial and private customer data base
• Excellent local reputation offering high quality work at reasonable prices
• Professional and fully trained staff
• Able to take larger vehicles up to a long wheel base high top transit
SCOPE
• Business development activity has been limited and would benefit from a more pro active approach
• Potential to sub-let unused first floor office space
• The business could advertise itself more
• Could be ideal for a buyer looking to expand into the area
VIEWINGS
• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
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: | 1255KT / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
