Hilton Smythe is delighted to introduce to the market Michael Foulkes Saab Specialist. The Northwest’s premier and only Saab specialist. Originally founded by our client some 15 years ago and genuinely coming to the market as our client looks towards a well-deserved retirement.
The business has an enviable reputation, benefitting from much repeat business and word of mouth referrals, with customers visiting from all over the country, currently without the need for any advertising or marketing.
Revenue is derived from an extensive range of services for all makes and models, with the business specialising in Saabs. Income is split around 60% from work on Saabs and 40% on other vehicle types. The business offers MOT’s for class 4 vehicles, repairs and servicing, engine diagnostics, gearbox repairs and rebuilds, electrics, and clutch repairs. We are advised that there is the potential to introduce class 7 MOT’s and the business is currently conducting around 8 MOT’s per day.
The workshop is very well equipped and all worked is carried out by our client, an experienced mechanic and highly skilled team with exceptional quality of workmanship.
The business reports a fantastic turnover and would be an ideal acquisition to an already existing business working in a similar field or equally to a car enthusiast with mechanical skills to continue this outstanding business. Our client would be happy to provide training if a new owner wishes to continue as a Saab specialist.
The business operates from a substantial unit on the popular Tir Llwyd Industrial Estate in Kinmel Bay, Clywd.
The business is located between the coastal resorts of Colwyn Bay and Prestatyn just off the arterial A55 in North Wales.
PREMISES AND EQUIPMENT
Large industrial unit briefly comprising:-
Main workshop 20.72m x 11.88m
Access via 3.0m width roller shutter door with headroom limit of 3.60m. Overall maximum headroom of 7.47m to ridge. Concrete flooring, good natural light and ample power outlets throughout.
Designated Class 4 MOT testing bay complete with emissions diagnostics, rolling road and inspection ramp, lifts including Bradbury (3000kg), RAV (3000kg), HH Lift (250kg – 5000kg), Snap on engine crane (1000kg max), snap on press (30 tonnes), gear box jack, two snap on jacks, Boge CL5 8000S compressor, R134A gas air conditioning machine and a Tech 2 laptop with security access for up to 2011 with autodata 2011 software.
The MOT transfer requires a formal application to VOSA - class 4 with potential for class 7.
Office hallway with toilet facilities. Stairs lead to the well equipped modern office 5.86m x 2.47m plus deep recess.
There is useful storage space 5.88m x 4.35m.
Externally there is a forecourt provided ample parking space. Oil storage tank in secured area.
We are advised the premise is on a long leasehold of 999 years.
The business opens:-
Monday to Friday 8.30am - 5.00pm
Saturday 9.00am - 4.00pm
The business is owner run and managed with the assistance of 3 members of staff.
The business reports a healthy turnover of £200,000 per annum with gross profit £102,000.
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