Car body and paint shop for sale in Southend on Sea Essex, established in 1982
Southend on Sea, Essex
- Status
FOR SALE
- Advert ID
654128
- Asking Price: £7,500
- Turnover: £50,000 (£962 per week)
- Profit: £15,000 (30% Profit margin)
Key Features
- Ample parking availability
- Auto electrical services
- Automotive servicing and repairs
- Bodywork and paint repairs
Business Details
Car body paint shop Established 1982
Well established vehicle repair centre / body shop / spray shop.Â
Located here since 1982 with a diverse client base. Previous customers have included main agents such as Continental Cars, Maryan Brading, Inchcape Southend and Mercedes-Benz Southend. Various private customers including lease returns, insurance work, full restorations and other independent dealers.Â
Current turnover of around £50,000 per annum. Was previously in excess of £100,000. Never spent a pound on advertising - business has grown through referrals and recommendations only. Currently working 3-4 days a week, 09:00 - 15:00 as winding down for retirement.Â
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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.
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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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