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

AL194 -Surrey-£125,000-Approved Paint, Bodyshop and Mechanical Repair Garage for sale in Surrey, UK

Surrey, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 125,000 £ 680,000 Undisclosed

Business Summary:
Approved Paint, Bodyshop and Mechanical Repair Garage Ref.AL194 Location Surrey Asking Price £125,000 Established by the current owner almost thirty years ago, this business specialises in the recovery, repair and reconstruction of accident damaged motor vehicles – cars and light commercials. The business also undertakes mechanical repairs where they relate to accident damage. Operating from almost 4,300 square feet of workshop situated on the prime industrial estate on the outskirts of one of the busiest commercial centres in Surrey, the highly skilled staff of this business are trained to reinstate all types of accident damage sustained by vehicles. As well as being an approved repairer for one of the largest vehicle management companies in the UK, this business is also approved to do warranty work on behalf of two major motor manufacturers as well as working with a number of large fleet organizations from both the public and private sector. The business also undertakes repairs on behalf of private motorists. This business prides itself on providing a very high standard of repair and a high quality of customer service, using only methods recommended by the manufacturers and the insurance industry. Whilst it outsources its recovery service which operates 24/7, with excellent facilities on-site, the business has a particularly good reputation and is considered to be ‘the’ local operator, doing whatever is required to maximize customer satisfaction. The business consistently receives very favourable results from the on-going audits carried out by its key customers to independently verify the standard of repair, levels of customer service and its adherence to regulations – COSHH, Health & Safety etc. Not surprisingly, with its excellent reputation, the business can boast a large volume of repeat customers.

 

   
Year Business was Established: 1980
   
Number of Employees: 07  
   
Facilities / Terms of Lease: The company operates from secure premises in a gated yard acquired by the current Owner of the business many years ago. It is situated on a medium sized industrial estate. The premises are almost 4,300 square feet in all, the overwhelming majority of which is workshop including a spray facility and paint mixing room. There is ample parking on-site with the capacity to hold up to 36 vehicles within the compound. The premises are available leasehold at an annual rent of £35,000 per annum, term to be agreed. Rates are currently £9,074 per annum.  
   
Potential Growth/Expansion: The current market for this business's products is stable but is forecast for significant growth for individual outlets with the necessary equipment in place, as more and more of the back street ‘metal bashers’ are forced out of the industry by the fast pace of technological advance within the automotive sector. This business is well positioned to take maximum advantage of this growth as it occurs.  
   
Competition: The business benefits from high volumes of work from its on-going relationships with its key customers - accident management and insurance companies as well as Fleet Managers of several large corporates. Locally, with an excellent reputation and having been present within the town for a number of years, this business benefits from high levels of residual awareness and as a result the business invests little in marketing and advertising limiting its expenditure to entries in local editions of Thomsons and Yellow Pages. The business does not currently have a website.  
   
Owner willing to train: The current Owner will provide all necessary training and all relevant contacts to ensure a smooth transfer of the business to new Owners.  
   
Reason for selling: This is a genuine retirement sale.  
   
Seller Reference Number: AL194
BusinessMart.com Listing Number: 93843
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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