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8854S SOUTH YORKSHIRE L\H£400000 CAMPER VAN CONVERSIONS

Asking Price: GBP 400000
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Business Location: United Kingdom » York » SOUTH YORKSHIRE 
Category: Manufacturing » Transportation Related
Description:
THE BUSINESS
Advent Business Sales have been instructed
to offer for sale this reputable and highly
profitable concern with phenomenal
potential for further growth.
Established in 2006 by the vendors, it is
now reluctantly offered for sale due to one
of vendor’s plans to relocate abroad.
The business specialises in converting people
carriers into camper vans and motor homes.
The main concentration has been on
converting imported Japanese vehicles for
trade.
As the business has progressed, the vendors
have added additional services to
compliment the business which include:
Metal work and framing work for beds
Upholstery and re-upholstery as well as
adding roof boxes
The demand for this service has grown and
turnover is expected to exceed 1 million for
2008/2009 with increased profit margin.
To realise growth potential, the vendors have
decided to offer a complete service of
upholstery and metal work, not only to the
trade dealers but also to other similar
establishments throughout the country who
only specialise in sales.
The business operates from 3 units, all with
ample space for growth and is fully equipped
for purpose.
The business is staffed by the 2 vendors
together with 6 fitters, 1 upholsterer and 1
welder, who all work on a full time, self
employed basis.
A large proportion of turnover is accredited
to reputation, although aggressive internet
marketing through their website and e-bay
presence is quickly gathering momentum.
The kit form is also available on e-bay and
on their website.
The reputation is such that customers from
all over the UK, who are looking at
converted vehicles, regard the services as
probably the best in the industry.
Our client also has a small stock of his own
vehicles to sell.
REF: 8854S
TRADING HOURS
Mon – Fri: 8.00am – 4.30pm
Sat: 9am – 12.30pm
EXPANSION POTENTIAL
This business has increased turnover year on
year since establishment and future growth
is expected to continue.
The growth areas include:
• Total conversion for all makes and
models
• Offer services to dealers and
individuals
• Repairs and paintwork
• Roof tops
• Acquire own vehicles for selling
(add independent dealership)
• Addition of the workshop could
easily accommodate a showroom to
display completed vehicles.
This business would be an ideal acquisition
for a similar type of business, in addition,
the growth potential could also attract an
investor who could reap rewards with a
management run set up.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £660,000
Gross Profit: 25%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Modern commercial units on a busy
industrial and trading estate and consisting
of:
Unit 1 – approx 5000 sq ft
• Reception area
• Director’s office
• Workshop with 3 bays, fully
equipped with power tools
• Mezzanine floor incorporating
upholstery workshop with
overlocking and lockstitch machines
• Office
• Second mezzanine floor for spare
parts
• Staff room
• W/c and additional ancilliary areas.
• Unit 2 approx 3500 sq ft
• Welders workshop
• Metal bed stockroom used for
storage for vehicles
• W/c
• Office
• kitchen
• Unit 3 approx 3500 sq ft
• Used for storage of vehicles
• W/c
• Office
• Kitchen
In addition there are further internal areas,
which are not currently used, although will
be useful for storage as business dictates
External:
• Secure yard for vehicle parking
TENURE: Leasehold
Currently Rented – new lease terms to be
negotiated
Original lease: 3 years
Remaining lease: 2 years
Review every: 3 years
Rent: TBC
We are advised that the annual business
rates are currently: TBC
 
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Financial Information:  
Annual gross sales: (GBP) 660000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2006
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 8FT
No of trading hours: Mon – Fri: 8.00am – 4.30pm
Reasons for selling:
 now reluctantly offered for sale due to one of vendor’s plans to relocate abroad.
Market competition and expansion:
 This business has increased turnover year on year since establishment and future growth is expected to continue. The growth areas include: • Total conversion for all makes and models • Offer services to dealers and individuals • Repairs and paintwork • Roof tops • Acquire own vehicles for selling (add independent dealership) • Addition of the workshop could easily accommodate a showroom to display completed vehicles. This business would be an ideal acquisition for a similar type of business, in addition, the growth potential could also attract an investor who could reap rewards with a management run set up.
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