Hilton Smythe welcomes to the market Renatec Ltd. The business has been successfully run and managed by our clients since 1991 and is very well known in the area, with an excellent reputation resulting in much repeat business and word of mouth referrals.
Renatec Ltd specialises in the servicing and mechanical repairs mainly to class 4 vehicles. Revenue is also derived from a popular MOT service with around 20 MOT’S a week currently being accomplished. Our client, an experienced Mechanic, also provides diagnostic services, however he will continue this arm of the business elsewhere. The business reports a staggering turnover considering that no marketing has ever been undertaken. With circa 4000 homes within the vicinity, we believe the potential to acquire new business through a marketing campaign can easily be obtained.
We are advised that the unit is on an unadopted road with 33 parking spaces and that in 4 years time the business can claim the road/land. Additionally, the premises on either side of the business have been converted to flats offering the potential for the unit to be demolished and also converted to living accommodation, subject to the correct planning permissions.
Early viewing of this very profitable business with the potential for future development is highly recommended.
The business is located in the town of Brislington, just on the outskirts of the City of Bristol in South West England.
Renatec Ltd operates from a fully fitted unit within a densely populated residential area of the town. We are advised there are circa 4000 homes within a 1 mile radius. The business is readily accessible by road sitting in between the main A4 and A37 trunk roads and the M32 is just a short drive away providing easy access to national motorway network. The business also benefits from a bus stop in the vicinity.
Detached industrial unit circa 1900sq ft.
Located on an unadopted road with large parking facility for up to 33 vehicles.
Reception/office area and toilet facilities.
Roller shutter doorway leading to open plan workshop with 3 ramps and MOT inspection pit. Full inventory of equipment including trolley jacks, compressor, welder, engine hoists, waste oil burner and exhaust extraction system.
We are advised Freehold.
The business opens-:
Monday to Friday 8.30am - 5.30pm.
The business is owner run and managed with the assistance of 2 full time and 1 part time members of staff.
The business reports a healthy turnover of £333,000 plus VAT per annum with gross profit at 61%.
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