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Businesses For Sale > Business For Sale in Central Norfolk, UNITED KINGDOM - UK (UK)
AL152 -Central Norfolk-£225,000 or Nearest Offer- Independent, Mercedes Specialist, Car Repair and for sale in Central Norfolk, UK
Central Norfolk, UNITED KINGDOM - UK (UK)
| Asking Price: |
Gross: |
Cash Flow: |
| £ 225,000 |
£ 250,000 |
Undisclosed |
Business Summary:
Independent, Mercedes Specialist,
Car Repair and Service Centre
Ref.AL152
Location Central Norfolk
Asking Price £225,000 or Nearest Offer
This business has been established since 2007, and is a successful specialist Mercedes Motor vehicle Repair Company, with an un-rivalled reputation in East Anglia for quality of service and value.
The business has built a database of over 2000 satisfied clients, and is still growing rapidly. Utilising the state of the art Mercedes “Star Diagnosis” machine, with 4 vehicle lifts, 2000 sq ft of workshop space, and qualified staff, the company can support a large number of customers on a daily basis.
The company sub-lets some of their space to an M.O.T. specialist next door. This not only supports the lease commitments, but offers customers an all round service. Handling all types of repair and service, electrical diagnosis, and consumable replacement. The business will easily be accredited by Mercedes should the new owner wish to follow this path. To all intense and purposes, the garage offers a tailored, high quality service, equal if not better than a franchised dealer at greatly reduced costs. Thus, the resulting customer loyalty and growth so far.
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| Year
Business was Established: 2007 |
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| Number of Employees:
3FT |
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| Facilities / Terms of Lease:
The property has a fully-equipped workshop which has 2 wholly owned vehicle-lifts, and 2 on lease. There is a toilet for staff and customers, an upstairs storage area, front reception and office. Next door, there is an M.O.T. bay, sub-let. With 3 phase electrics, compressor, a “Star” Mercedes Diagnostics machine, and full tooling for all on-site mechanics, the business can handle all.
Leasehold, renewable with 13 years remianing of 15 years
Square footage circa 2000
Rent £14,500 per annum
Rates £4,300 per annum |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
Initially the company spent over £24K on local radio advertising through-out Norfolk, which established the name, and rapidly grew the business. Recently the company has advertised in the local press, and has a unique, and successful targeted leaflet / flyer campaign which is bringing in new clients on a daily basis.
The company has no website currently. A new owner could develop and exploit this to their advantage, and build on the direct customer marketing mentioned. The Company is recognised for its expertise within its Mercedes service and repair, and therefore a high percentage of its work comes via word of mouth recommendations, alongside the huge amount of repeat customers. |
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| Owner
willing to train:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners. |
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| Reason for selling:
The owners have reached the age where they wish to retire abroad and handover the running of this successful company to somebody with energy, enthusiasm and focus to take it to its true potential. |
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Seller Reference Number: AL152
BusinessMart.com Listing Number: 70915 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Andrew Hudson
Turner Butler
0044 1895 25 60
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