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Asking Price$257,688
Revenue$547,359 Established2008
Cash Flow$90,314 Employees3 full, 1 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Mechanical and Electrical Vehicle Repair Garage and MOT Service Centre
Location Suffolk
Asking Price £ 180,000
Asking price includes:
Turnover circa £400,000 per annum
Gross profit circa £151,000
Net profit £66,000
Adj. EBITDA £77,000
Private clients and lease company referrals
Member of the good garage scheme
Diagnostic equipment
Excellent reputation
Repeat client base
The vendor constructed this purpose built garage from scratch in 2008. The business is primarily a very high quality mechanical and engineering vehicle repair centre and MOT centre. The vendor also carries out work for 2 other local garages preparing cars for sale and warranty repair work. A large amount of work is taken on for leased vehicles using the One Link System.
Sage software is used for accounts and payroll.
Facilities:The business is based in Suffolk . Premises comprise of a purpose built leasehold garage of circa 1,200 sq. ft. with a well-equipped workshop consisting of 4 x 2 poster hydraulic ramps and diagnostic equipment that is included in the sale. The premises are on a rolling lease with annual rent of £10,367 Inc. rates.
Competition:Very little advertising in undertaken, as the business handles a lot of work from One Link System. There is a monthly direct mailing to the customer service and MOT database of circa 3,000 plus.
Growth Potential:There are additional opportunities for investment in marketing to attract added interest. The business provides an excellent platform for future growth.
Training/Support:Support and training will be provided to ensure a smooth transition of ownership, if required.
Sale Reason:The vendor is now looking for a change of lifestyle and buying up properties to rent
Ad #70093
Seller Reference #AL234
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Contact This Seller
Turner Butler
0044 1895256000
Email Address