Body Shops for sale in Herefordshire

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Busy Body Shop Repair Specialist Garage

Herefordshire, England

  • Leasehold Price: £444,995  Price Reduced arrow_drop_down
  • Turnover: £404,821
  • Gross Profit: £312,805
Seller Reference: B05056
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Business Description
 
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Seller Reference: B05056
Request Details
Business Description
Business
Hilton Smythe welcomes to the market this high turnover body shop that has been trusted by thousands of customers in body repair and alloy wheel repairs for many years.

The business was founded by the current owners in 2004 and has been a real labour of love for them and has flourished under their ownership.

This great business is now being sold, albeit reluctantly and with heavy hearts only due to a wish to emigrate to sunnier climes.

The owners are keen to see their beloved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

The business prides itself on their team of highly motivated, dedicated, skilled engineers and bodywork specialists who provide the highest standards of vehicle bodywork repairs in Herefordshire. Using state of the art paint and materials including camera paint reading technology, the results are shown in the quality of work to their client’s vehicles.

The business deals with private, trade, commercial and insurance work and being an independent body repair shop, no repair is too small.

They also offer repairs to hire, lease and PCP vehicles, saving their customers from paying excess charges when their cars are returned.

The business also offers motorcycle painting including custom parts and colours.

The business offers a range of vehicle services including;
• Paint Repair
• Dent Repair
• Scratch Repair
• Panel fitting
• Panel removal and refitting
• Diamond cut alloy wheels (on site)
• Colour changes to wheels
• Polishing and finishing
• Motorcycle painting

The business uses state of the art technology and the highest quality paint and materials the industry has to offer.

They aspire to maintaining a clean workshop environment to prepare the customers vehicles and have equipped their clean, low bake spray booth ovens with LED lighting which always gives them the best perspective.

The business is proud of its association with the National Body Repair Association (NBRA) and is approved by Trading Standards.
The business has many regular customers and carries out a significant amount of work for main dealerships which is a particularly lucrative income stream.

The business has also carried out work on the cars of well-known TV Motor journalists and presenters.

The sale will include the company website and social media platforms and the business enjoys great visibility on the internet with some fantastic reviews.

Reasons to Buy
• A well-established business with an enviable reputation and many regular customers
• Sale includes substantial premises that have been fully refurbished at considerable cost to the current owners
• Current owners are happy to offer a handover to ensure the continued success
• Ideal bolt on to an existing business
• There may be the possibility of buying the freehold
• Loads of free parking immediately outside the premises
• All fixtures and fittings included making this a real Turnkey business opportunity
• Ideal owner managed or partnership business
• A real opportunity to increase turnover significantly, the business is growing at an impressive pace.
• Sale will include website and all social media platforms.

Hilton Smythe highly advise early viewing to avoid disappointment

This great business is likely to attract considerable interest.


Location
The business is located in Herefordshire.

Premises
The business occupies a substantial (825 sq.m) Industrial unit which is immaculately presented and fastidiously maintained.

Considerable money has been spent in the last few months on a full new roof and insulation, new signage, new electrical and air systems, LED lighting, new roller doors and full security system.

The premises briefly comprise;

Reception
Customer area with carpet flooring, long bespoke counter with quoting software and card machine, L-shaped sofa provides a customer waiting area

Main Workshop
Generously proportioned and room for many vehicles to be worked on safely and comfortably.
High ceilings with new LED lighting, roller door to side, 15 individual work bays with electrics and air supply, forced air heating, two ovens (£90k cost) one fuelled by gas bottles and the other by an external kerosene tank.

Valeting Bay
With window to front

Tyre Room
With tyre machine, wheel balancer and diamond cutting machine

Walk-in store
With Perimeter shelving and floor storage space also includes Dent pullers, welding equipment and a significant quantity of air guns and tools

Stores
With suspended ceiling with concealed LED lights, non-slip flooring, perimeter shelving and floor storage space, stainless steel sink, range of base units, 2 compressors, 3 washing machines

Paint Room
Fully fire boarded, full extraction system to latest regulations. Three paint systems and three paint scheme computers, paint storage racking

Store Room
Roller door to side, brand new compression, Combat heating system

Ladies and Gents WCs
With close coupled toilets and hand wash basins

Staff Room
With a range of base and wall units, stainless steel sink and drainer with Monobloc tap, room for table and chairs.

Office 1
Window to front and room for desks, chairs filing cabinets etc

Office 2
A generous office with window to front. Suspended ceiling and carpeted floor.

The premises are secured by a state of the art CCTV system with smartphone connectivity.

Externally there are 28 allocated parking spaces as well as free on street parking in the surrounding roads.



Tenure
We are advised that the business is being sold as a Leasehold business opportunity.

The vendors own the Freehold of the premises and would be happy to negotiate a mutually acceptable lease with a new owner.

A rent of £36,000 per annum is proposed.

Business rates payable are to be confirmed


Hours
Monday to Friday 8.00am-5.00pm
Saturday 8.00am-12.00pm
Sunday Closed


Staff
The business is run and managed by our clients with the help of 4 full time members of staff and a part time apprentice.

Financial Profile
The business generated an advised turnover of circa £405,000 as of the 2018 accounts with a gross profit of approximately 77%.

The business continues to grow at an impressive pace.


Tenure:
Leasehold
Listed by:
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