Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Sale, Service, Valet, Mot & Tyre Centre Cars Vans And 4x4 S

LISTING DETAILS
Firms For Sale ID:
34835
Vendor reference:
AM172
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£125,000  
Turnover / revenue:
£805,000
Net profit / cashflow:
Undisclosed
Years established:
5
Trading hours:
Monday Friday: 10:00 18:00 Saturday: 10:00 16:30
Number of employees:
3
Employees / staffing:
The vendors both work within the business through choice on a 4 day week. The business will also employ 2 full time mechanics. The business employs a part time cleaner. All staff are highly experienced and a real asset of the business

OTHER DETAILS
Reason for selling:
The vendors are launching a blockchain based FINTECH platform and they want to focus their time on this venture.
Support and training:
The current owners would be happy to provide full training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The new premises will be a real strength of this business. Ideally located on a busy thoroughfare in its own right the business is very well known and accessible. The site is circa 1.5 acres and comprises a large single storey workshop (circa 1500 square feet) with offices, reception, waiting rooms, toilets, kitchen and warehousing/storage. There is a large forecourt area and parking for some 30 plus vehicles. Premises are leasehold with an option for purchase. Current rent is circa GBP 30,000 p.a. Rates are circa GBP 9961 p.a.
 
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BUSINESS DESCRIPTION
Sale, Service, Valet & Tyre Centre Cars Vans and 4X4s
Ref. AM172
Location : Surrey
Asking price: GBP 125,000 plus SAV
This business set up over 5 years ago and purchased by the current owners 3 years ago; and provides a comprehensive workshop service for motor vehicles/cars and light commercial vehicles within the busy Surrey region it is located within. The business has built up a sterling reputation in the area during this time and provides, used car sales, full repair, servicing, maintenance and, tyre fitting to the local community and beyond.
This profitable business has established itself as a market leader in the region with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business from a loyal following of customers. So much so that the business can boast an active client base of some 5,000 regulars, many of whom span generations of the same family. The majority of clients are domestic customers but the business does have a few business clients also.
The garage is fully equipped for purpose and plant includes:
Fully equipped tyre fitting bay
Full diagnostic equipment
Range of specialist tools
The vendors have an excellent team of staff including three Directors who run the business on a day to day basis. Staff are fully conversant with the latest workshop techniques and engine management systems and the business is compliant with all necessary health and safety regulations and codes of practice.
Location is ideal being close to the town centre and also having ample parking so customers can leave their cars and pick up at a conveneient time later in the day if need be.

Expansion Potential
The business has enjoyed steady growth over its trading period and this is expected to continue in light of its growing and loyal customer base. The business is currentlymoving to new premises, very close by which will double the available and operational area of the company and the vendors believe that this will lead to a doubling of turnover and net profitability.

The tyre sales/fitting operation could easily be grown as this currently accounts for just 0.01% of overall sales..

The business does very little advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.

The business also has the opportunity to secure a contract from AA Warranty to carry out 3rd party warranty work in the new premises.

Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a large and loyal customer base.

There is however a comprehensive and attractive website detailing the services and facilities offered.