We are pleased to place onto the market this highly profitable car repairs business for sale which is based on the London Essex border.
The business was established in 2006 by the present owners and they wish to sell due to other business interests.
The company provides a repair service for insurance companies and other commercial and private work. As the company has grown, it has managed to negotiate very good rates and is becoming more profitable each year. There is certainly anticipated growth for the next 3 years.
The business has around 25 staff who are very well trained and a good support team. One of the Owners is the acting MD who is the main driving force of the business. He would be prepared to stay on after a sale to help grow the Company.
The company prides itself in its service, brand and having a high spec body shop with some of the latest technology. It has an excellent reputation within the industry.
The present annual turnover of the business is approximately £2 million with an EBITDA of £210,000. The sale price includes all equipment.
The premises include a large modern fully equipped bodyshop, offices and extensive parking within a secure yard.
There is a new lease available if the new Owners require the premises with the sale.
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