Overview
Description
Business
Please quote reference B07095
The business covers all aspects of commercial vehicle repair, including servicing, MOT preparation and presentation, routine maintenance, and major body work repairs. The company also operates as spares suppliers for HGVs, and offers 24-hour breakdown coverage, utilizing its own workforce and a network of suppliers.
From humble beginnings in the mid-1980s, the company has grown into a successful enterprise, serving over 200 active clients and boasting an impressive financial profile. The business covers all aspects of commercial vehicle repair, including servicing, MOT preparation and presentation, routine maintenance, and major body work repairs. The business also operates as spares suppliers for HGVs and offers 24-hour breakdown coverage, utilizing its own workforce and a network of suppliers. With an impressive purpose-built unit, the company is ideally located close to a number of important transport links and major freight routes.
The company also benefits from a skilled and experienced team of mechanical engineers and office workers who run the day-to-day business operations independently of the business partners. Above all, the company has become renowned for offering a reliable and efficient service at reasonable prices – a fact that is reflected in its uniformly positive reviews on Google, and the high percentage of repeat custom.
The company’s remarkable financial profile also bears testament to the quality of its services, with a turnover of £2,605,589 and an operating profit of £378,770 (as per the 2022 accounts).
Indeed, the business has a lot to offer the prospective buyer, including:
- A well-established reputation which has facilitated countless “word of mouth” recommendations;
- An extensive and loyal client base (with over 200 active clients);
- A proven history of organic growth;
- An ideal location, close to a number of important transport links and freight routes;
- Impressive purpose-built premises with 7-bay workshop and with room for expansion;
- A booming transportation and logistics industry;
- Ample scope for growth, e.g. by extending the company’s range of services, increasing its digital footprint and expanding into online sales.
The company may well make an excellent bolt-on company for foreign HGV repair businesses seeking to implement an international operation, or an acquisitional opportunity for a national company.
Highlights –
- Ideal location with an impressive purpose-built property;
- Well-established with an illustrious 37-year history;
- An extensive and loyal client base;
- Word-of-mouth recommendations;
- A history of organic growth;
- Impressive financial profile;
- A booming transportation and logistics industry;
- Ample scope for growth.
Opportunities –
- An ideal acquisitional opportunity for a national or international competitor;
- Expansion into online sales;
- Increasing the range of services;
- Enlarging the company’s digital footprint.
Location
Located in the South East of England.
Premises
Operating out of a freehold premises.
Tenure
Freehold basis
Hours
Due to the nature of the business, it operates all year round.
Staff
Experienced team of staff in place
Financial Profile
- 100% share capital
- Interested parties will be required to sign an NDA
Is this business relocatable:
Is stock included:
Listed By:
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