Vehicle Recovery Company With Garage Workshop Providing Mot Servicing & Repairs | | Undisclosed Relocatable | | Vehicle Recovery Company with Garage Workshop Providing MOT, Servicing & Repairs BSi PAS 80 Registered Ref.AL205 Location West Midlands Asking Price £175,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72668
ADVERT IMPRESSIONS : 53,294 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £175000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
Set up almost 40 years ago this truly established business provides a comprehensive range of vehicle services to the markets it serves so well. These include
Breakdown & Recovery Services- The business has a comprehensive fleet of signwriten recovery vehicles that provide a 24/7 service for breakdown and recovery. The company has direct computer links to the major motoring organistations with in-cab data terminals, not to mention the latest satellite navigation aids to ensure it provides a reliable, safe and speedy response. The business is in the enviable position of holding contracts with many national organisations who have responsibilities for large fleets of vehicles throughout the UK. Many of these contracts have been in place for many years and this ensures conisistent levels of business year in year out.
Insurance/BS Approved Workshop- Operating from substantial and very well equipped premises the business is able to undertake general auto mechanical repairs,servicing maintenance and diagnostic services for most marques. As part of this the business has its own MOT testing station so it can provide a complete turnkey solution to customers.
Approximately 55% of revenues are generated from the breakdown and recovery business with the remaining 45% coming via the workshop facility. Both operations are run from the same site. Ideally the vendor would like to sell the operation as one but he may consider selling each operation seperately.
Equipment:
The vendor has re-invested in the business over the years and this is evident in the infrastructure this organisation has in place. This includes internal and back office systems including Garage Manager (MTS)-the leading breakdown and recovery software package on the market as well as the Unipart online KIS system for the workshop.(the workshop is an approved Unipart Car Care Centre). In addition to this the business utilises SAGE accounting software.
Breakdown & Recovery- Fleet includes 2 transporters, 1 service van, 1 4x4, 1 car and 1 trailer as well as a Spectacle Lift.
Workshop- 4 Bay workshop with 4 ramps plus separate fully equipped MOT bay.
The business has all the necessary plant and equipment to carry out its work to the exacting standards its clients require and it is for these reasons the business has retained its impressive client base for so long.
Customer Service:
Almost 40 years successful trading is an indication of the service levels provided by this business. The business has a wide and varied regular client base, many of whom are large blue chip commercial organisations. These include the national automobile breakdown associations, the large fleet management companies and organisations who themselves have a large fleet of vehicles that need maintaining as well as insurance backed businesses and dealerships. The business would not have such impressive customers if its levels of service were not of the highest level. The workshop also has a loyal base of private owner customers.
Key Strengths:
• Accreditations and Approvals (inc Unipart Car Care Centre, BSi PAS 80 Registration., A.T.A. Accredited/Qualified Technicians
• Ongoing contracts with major breakdown/automobile association’s guarantees future revenue.
• Turnkey solution
• Commercial and private customer base
• Multiple revenues streams
• Market presence and reputation
• Levels of repeat business
• Assets and equipment- Impressive levels of infrastructure
• Location-close to major motorway networks
Growth and Expansion:
The business is set up well for future growth within the existing infrastructure. There are opportunities to grow all parts of the business further without the need for further investment, particularly the workshop and MOT facility.
The fast fit market is one such opportunity. The company does not really promote tyres and exhausts at present but could easily add this service offering.
Premises:
The business operates from leasehold premises ideally located o a well known industrial estate close to the main road network. Rent is circa £15,500 p.a. Rates are circa £3,500 p.a. The workshop is circa 1500 square feet. There is a large car parking area to the front which can accommodate circa 20 cars. In addition to this the business rents a storage compound for the recovery vehicles-circa £2000 p.a.
Business Hours:
Monday – Friday: 0830-1730
Saturday: 0900-1300
Recovery Services: 24/7
Security:
The premises have roller shutter doors, alarm and CCTV installed. The site has perimeter fencing and Redcare cover.
Advertising and Marketing:
The business has a highly informative website and carries out some search engine optimisation as part of this. It also get exposure through its associations with Unipart and the other automotive associations and companies it deals with. The business does undertake some occasional advertising within the local papers. In addition to this it sends out service and MOT reminders to existing clients. Besides this the business has relied on word of mouth recommendations and referrals over the years as well as visibility the sign written fleet gives them.
Financial profile:
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.
The business turnover is circa £400,000 p.a. and has impressive gross profits of circa £225,000 per annum. The business has excellent levels of infrastructure and assets including recovery vehicles, fully equipped workshop and MOT bay.
Employees:
Through choice the vendor works full time in the business as he is very much a hands-on individual. His wife also works part time looking after the administration. In addition to this the business employs
• 5 Full Time Mechanics
Two of the mechanics are senior and have been with the company for many years and understand the workings of both sides of the operation. They, as are all staff, are a real asset of this business.
Support and Training:
The current owners would be happy to provide full training and support at handover and be prepared to stay on for a futther period of time if a new owner so requires, subject to negoatiation.
Reason for Sale:
The vendor is planning his exit strategy. He also feels the business is ripe for a new owner to take it through its next period of growth. | | | | | | FOR SALE | | | | | REFERENCE: | AL205 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
