Business Summary:
VEHICLE RECOVERY COMPANY
With Workshop/Bodyshop Repairs and Car Hire
Ref.AL117
Location West Cumbria
Asking Price £ 1,250,000
Set up over 40 years ago this truly established business provides a comprehensive range of services to the market it serves. These include
Recovery Services- The business has a comprehensive fleet of signwriten recovery vehicles that provide a 24/7 service. The business is in the enviable position of holding written contracts with many of the national automobile clubs(up to 3 years in duration) with guarantees them income throughout the years. (50% of turnover)
Insurance Approved Workshop & Bodyshop- Operating from substantial and very well equipped premises the business is able to undertake general auto mechanical repairs,servicing maintenance and diagnostic services for most marques in addition to providing specialist auto body repairs, welding, paint restoration and mixing services. (Workshop 12.5% of turnover, Bodyshop 12.5% of turnover)
Fast Fit Centre- Providing a rapid and reliable fast fir service that includes the supply and fit of exhausts, tyres and batteries for most manufacturers vehicles. (12.5% of turnover)
Car & Van Hire- The business has an in-dpeth knowledge of the vehicle hire and lease market and as such is able to provide customers with excellent rates.
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| Facilities / Terms of Lease:
This is a substantial and extremely well maintained detached freehold commercial property which occupies a good position in a mixed residential and commercial quarter of the town.
Ground Floor- Well appointed open plan 3-Bay garage workshop with 3 vehicle ramps, engine hoist etc. Adjoining dedicated body repair and paint shop with 1 vehicle ramp, body jig, plasma cutter, welding bay and purpose built spray bake oven. At the front of the building is the reception area, front office, customer toilet, staff toilets and control room.
First Floor- 2 offices and staff restroom/kitchen
Basement- Paint store and mixing room, compressor store and parts store
The business has lots of parking on site to the front, side and rear. It is understood there is parking for well in excess of 50 vehicles. |
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| Potential
Growth/Expansion:
The business is set up well for future growth within the existing infrastructure. There are opportunities to grow all parts of the business further. At present the company uses an external company to provide MOT testing. There is no reason why this could not be brought in house as the site has the space to install and MOT bay.
Further promotion of the car hire and sales side would certainly increase revenues. The business has done very little proactive marketing of this side of the business. |
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| Competition:
The business currently has a standard listing in The Yellow Pages and also has a website, as well as a listing on a national car leasing organisations website as a local dealer. Besides this the business has relied on word of mouth recommendations and referrals over the years as well as visibility the sign written fleet and prominent position in the town gives them |
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| Owner
willing to train:
The current owners would be happy to provide full training and support at handover and be prepared to stay on for a futther period of time if a new owner so requires, subject to negoatiation |
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| Reason for selling:
The vendor is planning his retirement |
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Seller Reference Number: AL117
BusinessMart.com Listing Number: 44711 |
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