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HIGHLY RESPECTED VEHICLE REPAIR SPECIALIST

Undisclosed

CONFIDENTIAL SALE

  • Freehold: Offers Invited
  • Turnover: £1,000,000 £19,231 Per week
  • Net Profit: On request

Business Details

BASED IN SCOTLAND
YE21 turnover of £1.25 million with an EBITDA of £315k. Offers MOTs and repairs on cars, motorbikes, and light commercial vehicles weighing up to 7.5 tonnes.Approved as a BOSCH registered garage, capable of repairing vehicles to manufacturers’ standards without affecting warranty.Operates regionally, offering services to 160 active clients with approximately 95% of clients providing reliable, repeat business.Benefits from high staff retention rates, with some employees having remained with the business for over 30 years.
Offered for sale to facilitate further growth under the impetus of new ownership.Our clients are willing to provide a mutually agreeable handover period to facilitate the continued smooth running of the company. Operates from freehold premises based in Glasgow which will be included in the sale on a rental or freehold basis subject to negotiation. Offers invited.

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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.

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