Intelligent Business Transfer are pleased to have been appointed to oversee the sale of a business that has built up such an impressive reputation for quality and value and that enjoys referred trade from national companies.
The business has a specialism that brings business in from a wide area and can boast valuable ongoing contracts. Revenue is generated by the owner and 8 members of staff (of which 3 are ATA accredited) during normal trade working hours plus Saturday mornings. Turnover is significant and consistently rising, with high retained profits. The premises alone have an estimated value of £400K and are fully equipped – including a pair of high-value paint ovens. Circa 15 contracts are included in the sale, together with 11 courtesy vehicles. It is anticipated that a new owner could expand the business, if required, by targeting the acquisition of more insurance company contracts.
The vendor is now retiring and has retained Intelligent Business Transfer to find a suitable buyer to take over.
It is a business in great shape with trade agreements in place and is ready to go; it would be ideal for an existing bodyshop group looking to expand its reach.
The vendor would be happy to stay on to help the new owner with the transition.
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