Genuine reason for sale due to retirement
Advised annual turnover of £35,122
Massive scope to increase turnover
Currently run at a pace to suit
Business to be relocated
Will train new purchaser
Ideal start up business
Meridian Business Sales are pleased to offer for sale this well established business which offers repair, services and calibration garage equipment. The business was established by our client in 1987 and has been well sought after ever since. The only reason our client has instructed us to market the business, is due to his desire to take a well deserved retirement. The business is committed to ensure each customer is not let down, employing fully trained and approved team members for calibrations purposes which they specialise in. They also deliver efficient repairs and services on lifts a long with other superb maintenance. Due to the excellent and skilled services given, this generates the business a respectable annual turnover of £35,122. The business undertakes approximately 25 calibrations per month each job taking around 2 hours to complete, they also charge an hourly rate for various labour, services and repair. Since our client established the business, his aim has been to meet every customers needs ensuring the services they require are completed with the highest standard and endured with the essential equipment. Our client has invested a large amount of time and money making sure they receive a high repute along with assuring the premise is in full walk in condition as well as including the most crucial equipment. The business does not have to be re-located, the purchaser can either stay in the units the business is currently held in and take on a new contract, or the business can be re-located. The services cover a 50 mile radius from Newcastle, meaning massive scope to relocate in that area. Our client has informed us that he is willing to train and help any new purchaser, providing them with all of the information needed. This is an ideal start up business with massive scope to increase the turnover, and as such early viewing is strongly advised as this exceptional business is not to be missed.
The business is currently located in Ashington which is a quaint town in Northumberland. We have been informed by our client that the business would have to be relocated to another unit. It covers a 50 mile radius from Newcastle, and due to the brilliant reputation the business has gained throughout the North East this would be a perfect place to trade. The North East of England consists of well known towns including; Northumberland, County Durham, Tyne and Wear and the Tees Valley.
The business is currently run from a commercial unit which is not included in the sale, therefore the business would have to be re-located to another unit. There may be an option to take out a lease on this, but this would have to be negociated seperately with the landlord. Our clients advise us they currently pay £197 pm for this unit.
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