Business for sale in United Kingdom - Al119-on line specialist cars parts and service centre
| Asking Price: | 230,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 650,000 £ | |||||||||||
| Net Profit: | 0 £ | |||||||||||
| Year Established: | 2004 | |||||||||||
| Employees: | 10FT | |||||||||||
| # of family members employed: | Not Disclosed | |||||||||||
| Location criteria: |
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Business types:
Services
Business categories:
Repair Services
Business description
The business was established by its present director in 2004 as a service center for a specialist sports car marque. The existing depth of experience of its key personnel gave the company a strong start and it now boasts a database of circa two hundred and fifty clients, insurance companies and aficionados.
Shortly after it was formed the company acquired a substantial stock of parts, moulds and body jigs from the manufacturer. This stock came with the appropriate license’s to manufacture further parts and panels as required for a complete range of vehicles no longer in production. These parts are sold on a bespoke website specifically designed and built for the purpose.
This further enhanced the operations market position as one of the only businesses able to supply these components to trade and private customers alike. Insurance companies nominated the business as preferred repairer and all work is carried out at their South West based premises.
The workshops also cater for the day-to-day service and motoring requirements of a solid database of local customers with everyday vehicles.
Customer Service:
The company enjoys an almost unique trading position due to the nature of the product it specialises in. Cars come for service and repair from all over the UK not only because of the availability of parts but because of the level of expertise and in depth knowledge that the team has.
There is some database marketing activity and every client receives an automated letter reminding them of impending MOT and service requirements.
Key Strengths:
Well established and highly respected
Excellent well appointed premises
Specific parts and components licences to manufacture
Nominated repairer for the brand
Highly experienced staff
Growth and Expansion:
The business has the ability to manufacture complete cars subject to small physical changes to circumvent legal issues of copyright and patent.
Increased margins
Small batch manufacture of parts
Increased marketing
Motorsport activity and preparation
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | It is anticipated that the key personnel will remain with the company making a handover both comprehensive and easy to achieve. Should the buyer want the director to stay with the business for a short period this can be negotiated as part of the sales pro |
| Reasons for selling: | Having built the business up to its present strong market position the managing director has taken the decision to emigrate with his young family. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | The lease has a further two years to run and is charged at an annual rent of £29,000 |
| Location: | The well-presented and modern premises are located on a small and well-maintained business park within easy reach of the motorway. They consist of two adjacent commercial units with a total area of circa 5,500sq ft. Equipment includes one scissor ramp, four, twp poster ramps, MOT Bay for class four licences, mezzanine for parts storage, a staff canteen and toilets. The lease has a further two years to run and is charged at an annual rent of £29,000 |
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