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8829NN NORTHAMPTONSHIRE L\H£50000 CAR & COMMERCIAL BODY SPRAY SHOP

Asking Price: GBP 50000
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Business Location: United Kingdom » Northamptonshire » NORTHAMPTONSHIRE 
Category: Services » Auto Repair, Parts & Services
Description:
THE BUSINESS
Advent Business Sales is pleased to have
been instructed to offer to the market this
extremely well established and profitable
garage, which specialises in body and spray
shop repairs on car and commercial vehicles.
The business, which was established 19 years
ago, is only now being reluctantly offered for
sale to allow the vendor to pursue an
unrelated alternative business venture.
The workshop, which is staffed by the owner
with the assistance of two full time staff, (1
is an apprentice), achieves annual sales of
approximately £125,000 which is split
approximately 80% account customers and
20% retail.
The workshop is unusual in that it could
accommodate a Double Decker bus or 35
foot long trailer.
Included within the asking price is the
following:
• Spray booth/oven
• Spray bay
• Extraction equipment
• 2 compressors
• Large selection of hand tools.
Stock at cost is approximately £1,500.
Our client is willing to offer a hand over
period to a new purchaser to ensure a smooth
transition and effect introductions to staff
and customers.
REF: 8829 NN
 
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Financial Information:  
Annual gross sales: (GBP) 125000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1989
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2FT
No of trading hours: Mon – Fri: 6.30am – 5.00pm
Reasons for selling:
only now being reluctantly offered for sale to allow the vendor to pursue an unrelated alternative business venture.
Market competition and expansion:
Whilst already a profitable business there is still room to expand the turnover and profits further by: • Putting in another spray booth/oven • Buying damaged car to repair and sell on • Advertise more – currently only uses Yellow Pages • Apply for insurance work – very little is carried out presently • Carry out mechanical repairs – employ an experienced mechanic.
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