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8854S Camper Van Conversions L/H £320,000 Notts

Asking Price: GBP 320000
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Business Location: United Kingdom » Nottinghamshire » Undisclosed 
Category: Services » Miscellaneous Repair Services
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
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
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 660000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: The business operates from three good sized modern industrial units and is ideally located on a busy trading estate in South Yorkshire with excellent transport links including access to the A57, A1 and the M1 motorway. There are excellent parking facilities on site for all three premises, including a large secure yard to the rear and side of the premises.
Year Established: 2006
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon – Fri: 8.00am – 4.30pm Sat: 9am – 12.30pm
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.
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