Intelligent Business Transfer are excited to bring to the market this great opportunity to purchase a commercial vehicle servicing business in Warwickshire.
The business has been trading since 1995 and within this time has gained an unbeatable reputation whilst growing on an annual basis. The business specialises in the servicing and repair of commercial vehicles of a range of different shapes and sizes. The business enjoys a vast amount of repeat custom and can boast large blue chip clients as regular clients, resulting in the businesses turnover exceeding £500,000 in recent years.
They have successfully tendered for the contract to help maintain/mot trailers/vehicles supplied by TIP and DHL at Marks and Spencers distribution centre, based at Magna Park, Lutterworth, Leicestershire. They have also recently been accepted to look after Dris Baker Ltd, head office in Loughborogh for vehicles/trailers based at Harveys and UK Mail.
The financial figures of the business could be improved significantly if a potential buyer were to proactively approach large companies regarding their services. A potential buyer could also approach certain (commercial) dealerships in order to manage all their repair and servicing requirements which would be extremely lucrative.
The turnover of the business has consistently had turnover figures in excess of £500,000 with an impressive adjusted net profit figures. The profitability could be increased significantly in the right hands, as expressed by the current vendors.
It is with a heavy heart that the current vendors are willing to sell the business due to a combination of ill health and early retirement. This business would be perfect for an entrepreneur with experience in the commercial vehicle industry or a larger company looking for a great bolt on acquisition.
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