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Businesses For Sale > Business For Sale in Herefordshire, UNITED KINGDOM - UK (UK)

AL201-Herefordshire-£ 660,000-HGV/Car Workshops & MOT Test for sale in Herefordshire, UK

Herefordshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 660,000 £ 1,500,000 Undisclosed

Business Summary:
HGV/Car Workshops & MOT Test Station Service Agent & Approved Repairer For International Truck Manufacturer Good Garage Scheme Ref.AL201 Location Herefordshire Asking Price £ 660,000 This business set up some 30 years ago by the curent vendors provides a comprehensive workshop service for a diverse range of commerical, conventional and non-conventional(e.g. Military) motor vehicles from HGVS, PSVs, Light Commerical Vehicles and Vans right through to Cars. Because of the diverse range of services it offers the vendors have split the business into two separate entities that run autonimously. One side services the HGV/Commercial market and the other looks after the domestic car market. Since inception the business has established itself as a market leader in the region with an enviable reputation for quality and service backed up by numerous accreditations and. agencies.

 

   
Year Business was Established: 1980
   
Number of Employees: 07FT  
   
Facilities / Terms of Lease: The business operates from large workshop facility circa 27,000 square feet. It is divided up so that the truck and car centres are run autonomously with no interference . Each business has its own entrance, signage, reception area, offices, parts departments and workshops. Approximately two thirds of the space is utilised by the Truck side. Total rents are circa £70,000. Rates are circa £25,000. It is understood a new lease would be made available to a new owner.  
   
Potential Growth/Expansion: The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The site has the room for expansion if need be and this could easily be achieved . It is understood the business is currently operating at circa 80% capacity. A new owner could easily expand the operation further and get involved in vehicles sales, both on the domestic car and commercial vehicles side. This is an area the vendors have never really explored. The recovery side of the business could also be developed further.  
   
Owner willing to train: The current owners would be happy to provide full training and support at handover and may even consider staying on within the business for a further period if a new owner so required subject to negotiation  
   
Reason for selling: Retirement/Health reasons  
   
Seller Reference Number: AL201
BusinessMart.com Listing Number: 109566
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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