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

AL192 -South East-£275,000-Garage services – Service, Repair and Restoration for sale in South East, UK

South East, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 275,000 £ 385,000 Undisclosed

Business Summary:
Garage services – Service, Repair and Restoration, specialising in Classic British Sports Cars and Saloons Ref.AL192 Location South East Asking Price £275,000 Established for over a quarter of a century and relocated to its current, very well suited location and premises in 1987, this is a leading garage services business specialising in the service, repair and restoration of classic British sports cars and saloons. Concentrating mainly on lower to mid market value vehicles manufactured in the post war years right through to the mid 1980’s, this is the place to bring an MG, Triumph or Austin Healey for a service or mechanical repair or to be restored to its former glory. With on-site workshop facilities and a very well trained team of mechanics with many years experience of working on British classic cars and saloons, this business offers expert, routine servicing as well as mechanical or electrical repairs and breakdown. It frequently carries out the replacement of major components such as a gearboxes or engines and provides MOT testing through a tried and tested, local garage relationship With fully equipped bodyshop facilities also on site and highly skilled and experienced bodyworkers, the business is equally at home dealing with accident repairs, welding – whether minor to pass an MOT or more major structural repairs. Body sprays to Concours standard are also available, if required, right through to full or part restorations – interiors and exteriors, complete from the ground up, if necessary. Not surprisingly the business has a wide range of parts readily available for sale over the counter – including genuine, second hand parts from cannibalised vehicles. It will even supply the basic elements of a ‘project’ to be restored to a buyer’s exact specification or alternatively supplied to someone to work on of their own accord.

 

   
Year Business was Established: 1985
   
Number of Employees: 06FT  
   
Facilities / Terms of Lease: The business premises are situated on a small rural estate close to the M25 motorway. Ideally located, the business is positioned close to a major ‘A’ road, benefiting from high levels of passing traffic and affording easy access, free from traffic congestion. The extensive, very secure premises consist of an office, small car showroom with a capacity for eight vehicles with 9 separate bays housed in individual workshops – three of which are dedicated to paint shop/body repairs. The premises are leasehold with approximately five years remaining. The business currently pays a rent of £16,000 per annum. Rates are £2,160 per annum.  
   
Potential Growth/Expansion: N.A.  
   
Competition: With a reputation built up over twenty five years of successful operation and an Owner well known amongst classic British sports and saloon car owners, the business enjoys high levels of residual awareness topped up with display ads in specialist car and owner magazines and supported by good levels of PR coverage, sought by the editors of the same titles. The business also has a very well designed, informative and easy to navigate web presence which performs very well in all the major search engines, for all appropriate search terms.  
   
Owner willing to train: The current Owner is happy to assist with the hand over and the training required to ensure a smooth transfer of the business to new owners. With a good second tier of management in place it is not envisaged that this will be required to be extensive.  
   
Reason for selling: Having been involved in the motor trade for a large proportion of his working life and having recently been involved in a serious road accident, the current Owner feels the time is right to consider a change of direction.  
   
Seller Reference Number: AL192
BusinessMart.com Listing Number: 93205
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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