Property Maintenance for sale in Doncaster

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Adam Warren (Jan 2017)
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Leasehold Price: £149,950 Turnover: £242,922 Gross Profit: £137,924
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Business Description
Business
Hilton Smythe welcomes to the market Coffee Machine Services Ltd. The business has been operated by the current owner for over 9 years and is well respected and established within the coffee machine supplies and service industry with an enviable reputation for quality and service.

The business supplies, services and repairs a wide range of coffee machines and associated products covering an area from the Midlands up to Newcastle. Due to retirement this rare and exciting opportunity now presents itself to the market and would be an excellent acquisition for an operator already established within the sector, or a business of a similar genre looking to break into this sector of the market and take advantage of the enviable 672 registered clients as well as having access to companies such as Nandos, Subway and the Bella Restaurant chain.

The business supplies and services new machines such as Monroc, Bluedot and the mini magnum as well as being a supplier of Fachino. The company recently gained accreditation to be PSSR compliant for boiler servicing which is already opening new doors.

The company is on a continued upwards trajectory growing year on year and has the benefit of a skilled and dedicated workforce fully trained with in depth knowledge and experience within the sector.

This is a golden opportunity not to be missed with the current owner happy to work for a transition period to enable a smooth changeover of ownership.

www.coffeemachineservicesltd.co.uk

Location
Situated on the Carcroft Enterprise Park in Doncaster the site is just off Station Road within a secure business park, which is easily accessible from the A1, A1M & M18 which links up with all the main routes towards Leeds and Sheffield as well as being just a short drive from the M1.

Premises
Situated within a business unit on the Carcroft Business Park.

The Site Benefits From,

• A showroom,
• Main office,
• Stock room,
• Storage room with access through to the workshops,
• Rear parking spaces,

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £16,800 plus vat per annum.

The business is operating with four years remaining on a five-year lease.

Hours
The business is currently operating from 7.00am to 5.00pm Monday to Friday.

Staff
The business is run and managed by the current vendors with 2 x full time service engineers.

Financial Profile
We are advised the business is currently generating a turnover in the region of £242,922 producing an attractive reconstructed Nett profit on a continuous upwards trajectory.

There rates are currently £7,200 per annum with confirmed future business rate relief to be added.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04180
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