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Car and LCV Servicing and Repair Centre in [Location] with strong local client base

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £1,000,000 (£19,231 per week)
  • Profit: £317,000 (32% Profit margin)

Business Details

Servicing and Repair Centre for Cars and LCVs

Based in South East England

The company is a servicing, repair, and MOT centre for cars and light commercial vehicles, using high-quality, OE parts, and offering EV repair and servicing. The company carries out diagnostic checks for vehicle faults, as well as routine servicing and repairs, including clutches, exhausts, cambelts, engines, and air conditioning service and cleaning.

The company has developed an outstanding reputation locally for honesty, integrity, transparent pricing, and professional, personal service, which has enabled it to build a large, loyal client base.

Our clients are now offering the company for sale to facilitate their retirement plans.

Offers invited.

Key Highlights

- 90% of business comes from local clients who pay their invoices upon collection, significantly improving cash flow and reducing bad debt.

- Has details for over 17,000 clients on its management database.
Low staff attrition rate, with technicians having remained with the company for many years.

- Has achieved a 4.8-star rating across almost 600 reviews on a popular vehicle maintenance and repair booking website.

Financial Highlights

- Turnover of £1m achieved in YE25, with an adjusted EBITDA of £317k.

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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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The data showed regarding this advert 'Servicing and Repair Centre for Cars and LCVs - 159517 / 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.