Bodywork & Mechanical Repair Shop

Price:

Freehold - £200,000
Leasehold - £45,000

Turnover:

Seller Ref:

9725RM

Location:

Essex

Business Type:

Motor & Transport Businesses for Sale, Service Businesses

See Other:

Other service businesses for sale in Essex
Garages for sale in Essex
Service businesses for sale in Essex
Motor & transport businesses for sale for sale in Essex

Description:

THE BUSINESS:

HISTORY

• Business established by vendor and brother 10 years ago
• Freehold acquired in 2003
• Links forged with accident management companies for crash repair work
• Business sold and re-acquired within 12 months 2 years ago
• Currently run solely by vendor

REASON FOR SALE

• Vendor wishes to concentrate of alternative business priorities

SERVICES

• Bulk of work is body repairs following crash damage for cars and vans
• Some mechanical work undertaken where required
• Routine servicing and mechanical work undertaken

CUSTOMERS

• Contact with one major insurance company
• Further 3 contracts with accident management companies
• Small number of fleet customers

SUPPLIERS

• Variety of trade based suppliers and wholesalers

STRENGTHS

• Established business with 10 year trading history
• All requisite equipment to undertake bodywork repairs in site
• Available on freehold or leasehold basis
• Excellent contracts with insurance and accident repair companies
• Densely packed urban location

SCOPE

• Development of further trade links to build up trade to former levels
• Currently run at a pace to suit the vendor’s lifestyle
• Business development activity has been extremely limited

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Trading from industrial estate of complementary businesses • Within densely populated urban area • Parking to front of unit • Lock up unit

Trading Hours:

• Weekdays open during office hours • Weekend work as contracts dictate

Accommodation:

• A lock up freehold garage unit in a former war munitions factory • Shuttered • Fully equipped and ventilated paint shop • Separate paint store • Bodywork jig • WC • Heavy duty compressor • Spot welder (£13,000 new and fully compliant with impending legislative changes) • Mezzanine floor above with office