Business Summary:
Accident Repair Centre for Cars & Light Commercial Vehicles
Ref.AL204
Location South Yorkshire
Asking Price £ 250,000
This independently owned Automotive Accident Repair Centre has been trading for in excess of 39 years and has earned an excellent reputation for the high standard of work and competitive pricing. The business specialises in repairing saloons and light commercial vehicles up to seven tons, working primarily with accident management company’s and private repair work. They also handle insurance work, fleet work and have a contract in place to repair all of the local council vehicles.
The business runs from leasehold premises in South Yorkshire with a main workshop, covered area, offices and car park. All the necessary equipment and facilities are in good working order and everything you would expect is in place to run a successful accident & repair centre. There is an excellent infrastructure with a management team and a highly skilled workforce which allows the business to function whilst the owners are away.
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| Year
Business was Established: 1972 |
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| Number of Employees:
13FT |
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| Facilities / Terms of Lease:
The business operates from a circa 11,400 square feet total site, with offices, a main workshop which accounts for circa 8,712 square feet, a covered work area and a car park. The workshop houses all of the equipment including the spray ovens, a paint mixing room and there are also three vehicle ramps within.
The lease rental is £32,000 per annum and the rates are £6,400 per annum. The lease runs until 2021 with a break clause in year 2016. |
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| Potential
Growth/Expansion:
One of the main areas which the company could expand into is in the fleet sector of the market. Currently they handle just a small amount of this work and have not been particularly active in seeking further business. With their competitive ability and their high quality of work this would be a lucrative and successful market to pursue.
The company handle the local council contract for accidents and repairs. There is the opportunity to tender for and secure other local council work should they wish.
The business has spare capacity within its site and could handle a significant increase in workload.
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| Owner
willing to train:
The vendors would be happy to help with a smooth transfer of the business in any way possible. |
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| Reason for selling:
This is a genuine retirement sale. The owners have both reached retirement age and have reluctantly decided to sell their business. |
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Seller Reference Number: AL204
BusinessMart.com Listing Number: 112565 |
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