Family Run Fibreglass Repair Services Business For Sale

  • Price: £175,000
  • Annual Turnover: £100,000
Rochester, Kent, England
Seller Ref:B07769
For Sale

Family Run Fibreglass Repair Services Business For Sale

Rochester, Kent, England
Seller Ref:B07769
  • Price: £175,000
  • Annual Turnover: £100,000

Overview

Seller Ref: B07769

Description

Business
Please quote reference B07769


CoGoGo are delighted to welcome to the market Mr Fibreglass (Kent) Limited, a highly rated business opportunity that offers fibreglass repair services.


Mr Fibreglass was founded by the current owner (and his brother) in 2016 when they identified a need in the marketplace and the business has been a real labour of love accruing an impressive number of well known clients and a fantastic reputation.


The business is now being sold, albeit reluctantly and with heavy hearts only so the owners can enjoy a well earned retirement.


They specialise in bespoke fibreglass patterns moulds, panels and modifications and can make any fibreglass requirement to any specification and colour.


The business further provides;

  • Patterns to moulds and panels
  • CNC patterns
  • Full Prototypes
  • Any colour of gel coat for any panel
  • High gloss finishes or basic industrial finish
  • High quality materials always used
  • Resins – general purpose, fire retardant including phenolic, GRP, FRP


Based in Kent, the business offers its fibreglass repair services to London and its surrounding regions and is more than willing to extend its reach across the entire UK


The business is proud of its standout projects, such as the glitter ball for Strictly Come Dancing, Bus Stops for Truform, Electrical boxes for EDF, and bespoke designs for Accademia Museum in Venice but still takes pride in its regular fibreglass repair jobs as well and treats every project, no matter how big or small, with the same dedication and professionalism.


The business has many blue chip customers including;

  • Motorsport industry including Formula One
  • Railway / train companies
  • London Underground
  • Ministry Of Defence
  • Phenolic work with various train companies
  • Bus Companies
  • Ads help Bus Stops
  • Truform Bus Stops
  • Caterham Cars


The sale will include the company website and social media platforms and the business enjoys great visibility online.


Key selling points – 

  • A well established business with an enviable reputation and many blue chip customers
  • Current owners happy to offer a handover to ensure the continued success of the business
  • Ideal owner managed or partnership business
  • Little or no competition locally
  • A real opportunity to increase turnover and profits significantly. The current owners have been running at a pace to suit.


Scope for further growth –

  • Increase advertising and marketing
  • Maximise the use of social media
  • Update the existing website
  • Employ someone to canvass for new business
  • Increase the staff numbers to take on more work

Location
Mr Fibreglass (Kent) Limited is located in Kent and offers its services across London and the South East of England. 

Premises
Situated in an industrial unit which is ideally suited to the trade.


A large workshop with an office, WC and additional storage space on the first floor. 


The premises benefits from 24 hour security and there is a secure parking space for at 4 cars.

Tenure
We are advised that this business is being sold on a Leasehold basis, with the landlord happy to negotiate a mutually acceptable lease with a new owner. The current rent is £1,128 per calendar month. 

Hours
The current trading hours are –


Monday to Friday – 7:00am – 4:00pm


Saturday – 7:00am – 12:00pm


Sunday – Closed

Staff
We are advised that the business is run and managed by our client and his brother. 

Financial Profile
We are advised that the business generates a turnover in the region of £100,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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