Scroll To Top

A long established coach and bus refurbishment business

Undisclosed, Relocatable
Asking Price:
£290,000
Status
FOR SALE
Advert ID
258043
Reference
GM017 / Rightbiz

A long established coach and bus refurbishment business
Ref. GM017
Location : Northamptonshire
Asking Price : £290,000

Turner Butler has been appointed to invite offers of purchase of the issued share
capital of this very well established coach and bus refurbishment business.

Business Profile

This long established coach trimming company offers a specialist upholstering service
to its customers. They also undertake complete vehicle refurbishments working on coaches, double deckers, buses, mini buses and heritage vehicles. This business could be a perfect fit for any company currently undertaking seat refurbishment of airlines, boats or trains.

Customer Service:

Customer service is paramount and is borne out by very long standing relationships with a loyal and trusting customer base.

Key Strengths:

This Northamptonshire based family business has been established for over 30 years. They
currently employ 15 skilled staff members and provide a truly high quality service at very
competitive prices. Most of the work undertaken is completed the same day.

Financial Performance:

Turnover c. £750,000
Gross profit c. £177,000
Adjusted net profit c. £75,000

Asking Price:

The asking price of £290,000 is for 100% of the issued share capital of the company. Stock, tooling and equipment etc. (SAV) is included in the asking price (calculated on a zero cash-zero debt basis).

Advertising and Marketing:

There`s a current annual spend of approximately £5,000.

Growth and Expansion:

Growth could be achieved by being acquired by a similar business operating in a
different market.

Premises:

The current trading premises is being sold so this business will need to be
relocated.

Employees:

There are fifteen employees.

Reason for Sale:

Retirement.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Listing Details
Asking Price: £290,000
Tenure: Other
Location: Undisclosed, Relocatable
Sector: Garage Businesses, Mot Businesses
Financials
Annual Turnover: £750,000
Annual Net Profit: £75,000
Key Features
  • Attractive Business
  • Established Business
  • Retirement Sale
  • Company for Sale
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: GM017 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Disclaimer
The data showed regarding this advert 'A long established coach and bus refurbishment business - GM017 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller