Business Summary:
Vehicle Bodywork Repairs
Ref.AL138
Location East London
Asking Price £225,000
This business was founded in 1960 by the original owner and purchased from him by the current owner in 1998 growing throughout this period to become a significant enterprise with a reputation for the quality of its repairs, flexibility of service and reliability. The business undertakes any type of accident repair, from smart dents to major chassis repairs etc and deal with clients from trade to private to insurance company work.
The business operates from a prime location in East London that is currently under utilised, thus offering scope for considerable growth and has established itself as one of the region’s leading vehicle body repair centres. Many current customers have been loyal to the business for several years and this has been due in no small part to the business’s competitive prices, quality repairs, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, for example its industry estimation system, ensuring that valued customers receive the very best service and quality of repair.
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| Year
Business was Established: 1960 |
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| Facilities / Terms of Lease:
The business is located in an easily accessible area in East London and operates from a fully equipped workshops that include 2 low bake ovens, 3 phase electrics, compressors, oil fired heaters, jig, 3 ramps, high strength metal welder, dust extraction equipment, Dozer, recovery vehicle, jet wash, own paint mixing scheme, wheel alignment and all tools etc.
The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon, but is currently under utilised meaning there is still huge scope to increase business and services such as mechanical repairs, car rentals, sales, valeting etc.
Rent and space are negotiable with up to circa 12,000 sq ft available depending on requirements. A new lease is available to the new owner at terms to be agreed. |
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| Potential
Growth/Expansion:
The current market for this business’s services is growing and is forecast in the near and longer term for continued growth. The business is well positioned to take maximum advantage of this growth as it occurs. |
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| Competition:
The business has used little advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover.
A high proportion of the business\\\'s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. |
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| Owner
willing to train:
The current owner will provide all necessary handover, training and all relevant contacts to allow continuity of trading and is prepared to be flexible on the amount of time offerd for this. |
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| Reason for selling:
This is a genuine retirement sale. |
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Seller Reference Number: AL138
BusinessMart.com Listing Number: 60564 |
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