Independent Vehicle Repair Business for Sale in Norwich Norfolk
Norwich, NorfolkEst. 18 years
- Status
SOLD
- Advert ID
654498
- Leasehold: Price on Application
- Rent: £5,100 (£425 per month)
- Turnover: £74,621 (£1,435 per week)
- Profit: £42,512
Key Features
- Smooth transition opportunity
- Steady year-round income
- Strong annual turnover
- Strong customer base
Business Details
Well Established Independent Vehicle Repair Business for Sale
Established in 2008, this highly regarded independent vehicle repair business has built an excellent reputation for honest, affordable pricing and exceptional customer service. Over the past 18 years, the business has developed a loyal customer base through repeat custom and word-of-mouth recommendations, resulting in consistent profitability year after year.
The workshop has operated from its current premises since 2011 and benefits from an excellent relationship with the landlord, with a secure lease that has approximately three years remaining. Long-standing relationships with reliable parts suppliers have also been established over many years, and these suppliers are happy to continue working with the new owner, ensuring a smooth transition.
As we are now looking to retire, we would like to hand over this successful business to someone who shares our passion for providing quality vehicle repairs and excellent customer service. Whether you are an experienced mechanic looking to become your own boss or an existing garage owner wishing to expand, this is a fantastic opportunity to acquire a respected and profitable business with a proven track record.
The sale includes the leasehold business, a loyal and established customer base, trusted supplier relationships, and the majority of the workshop equipment. All essential equipment required to continue operating the business, including the vehicle lift, will remain with the workshop. A detailed inventory of the equipment included in the sale can be provided upon request. The premises also include a private office and toilet facilities, although these may not be fully visible in the photographs.
To ensure a smooth handover, we are also happy to provide practical guidance and share our knowledge of the business with the new owner during the transition period.
We welcome genuine enquiries and would be delighted to arrange a viewing of the workshop. During the viewing, we are happy to discuss the business in detail, explain exactly which equipment is included in the sale, and provide relevant documentation for serious buyers, including details of the current lease, financial records, tax returns, and other business information to demonstrate the business's long-standing profitability and successful operation. We are proud of what we have built over the past 18 years and look forward to passing it on to someone who will continue its success
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This business has now been sold. We are currently awaiting final confirmation from the seller or their agent. Please check back soon for updates.
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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