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1300 & 800 Sqf Garage Services & Equipment Co, Gloucestershire

Gloucester, Gloucestershire, England

  • Freehold Price: £225,000
  • Annual Turnover: £300,000
Seller Reference: KBT47441
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Business Description
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Seller Reference: KBT47441
Request Details
Business Description
• Industrial unit, 2000 square feet, including mezzanine Leasehold Option Available.
• Turnover is £300,000
• Currently operated by vendors and a team of staff
• Equipment is sold to the motor trade

Good trading history supplying equipment T/O aprox 300k Profitability excess 75k. Owner run plus staff good unit rental and lease, Business ready to go. Many clients on database. 90% plus repeat business, service contracts Leasehold/Freehold Ref CP-GS261213

First Equipment offers a wide range of commercial garage equipment and includes installation if required. They also provide servicing of the equipment. It currently trades from their unit based in Gloucester. They supply clients within a 100 mile radius of their offices, this is by choice of the vendor and this range could easily be extended by an ambitious owner. The site is located on a well known trading estate. It is within easy reach of the A38/M5/M4 motorway networks.
The company was established by the vendor over 20 years ago. The business has provided them with a good lifestyle, whilst maintaining an excellent reputation for quality and service. The business was registered as a limited company in 1998 and will be sold either as a limited company or as an asset sale plus goodwill. The vendors are flexible upon this. They are also flexible on offering a sale upon a leasehold or freehold basis.

They are specialists in sourcing, providing, installing and servicing all aspects of garage equipment including:

Vehicle Lifts
Jacking Beams
Pit Jacks
Tyre Changers
Wheel Balancers
Headlamp Testing
Brake Testing
Emissions Testing
Air Conditioning Recharging
MOT Bays

They also supply a reasonable amount of equipment to the public/DIY repairers.
As well as supplying and installing the equipment, they can install all the ancillary components; including compressed air supply, electrics, exhaust extraction. They also supply groundwork for inspection pits, recess lifts and brake tester rollers.
The business also covers equipment installation/repair/servicing to the GEA code of practice by their teams of highly experienced engineers.

In addition, they offer rapid response cover for breakdowns and emergencies, contract maintenance calibrations and installs available on most makes of equipment, by appointment or request. This includes makes and names such as Hoffman, Krypton, Boston, and ABAC.

This lifestyle business benefits from an excellent reputati

Summary. This is an ideal opportunity for a first time lifestyle business, with definite scope to expand the business. It is also an attractive acquisition for a seasoned business operator or competitor. The business has huge scope to expand and currently operates to the vendors requirement.
Interest is expected to be high, especially with the possibility of leasehold or freehold. The business being offered to the market as the vendors wish to retire, therefore early viewings are a must.
Is accommodation included?:
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