Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Well Established And Respected Vehicle Bodyshop
LISTING DETAILS
Firms For Sale ID:
34234
Vendor reference:
AL235
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£60,000
Turnover / revenue:
£270,000
Net profit / cashflow:
£50,000
Years established:
50
Number of employees:
3
Employees / staffing:
There are two directors involved in the business. One operates part-time (finance administration) whilst the other works in the business on a day to day basis acting as General Manager. However he can also carry out bodyshop duties if need be. The business also employs a skilled and a semi-skilled panel beater and a skilled painter.
All staff are highly experienced and a real asset of the business.
OTHER DETAILS
Reason for selling:
The vendors have other business interests they wish to pursue and cannot commit the time to maximise the opportunities that this business has at its disposal.
Support and training:
The vendor would be happy to provide training and support at handover. This should be a relatively simple process as the vendor has in place a very experienced General Manager who runs the business on a day to day basis.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Well Established and Respected Vehicle Bodyshop
Ref.AL235
Location Shrewsbury, Shropshire
Asking Price GBP 60,000
This very well established business provides a comprehensive and quality driven vehicle repair and paint service for motor vehicles/cars and light commercial vehicles within the Shrewsbury region.
Successfully trading for the last 50 years, the business has built up a sterling reputation in the area over this time for providing comprehensive bodyshop services to both trade businesses (core business) and retail customers (insurance driven) within 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. Due to this the business enjoys very high levels of referrals and repeat business, never having the nead to actively chase work.
The bodyshop is fully equipped for purpose and scope of works include:
Smart repairs
Accident repairs
Paintwork
Wheel repairs
The vendors have an excellent team of staff . Staff are fully conversant with the latest bodyshop techniques and the business is compliant with all necessary health and safety regulations and codes of practice.
Location is ideal being very close to the major franchise dealers in the area.
Expansion Potential
The business has enjoyed steady growth over the years and consistently produces impressive profitability year on year. This is expected to continue in light of its loyal customer base. We are advised that there is spare capacity within the current infrastructure.
The business could accommodate more work by increasing its opening hours. It currently operates 5 day a week.
The business does limited 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.
Market / Competition / Non-Competition Agreements
The business has its own highly informative website and brochure but generally relies on the best form of advertising, word of mouth and referrals, to generate work.