Profitable Freehold Supply And Installation Of Garage Equipment For Sale in Hertfordshire- Business 4 Sale .co.uk

Business Summary

HISTORY

• The business was founded by the 2 vendors over 25 years ago, during which time they have built up an enviable reputation for competitive service and reliability

REASON FOR SALE

• The business is only now being reluctantly offered for sale as the 2 vendors now wish to retire

PRODUCTS

• The business specialises in the installation and service of MOT stations, lifting equipment, diagnostics, air conditioning stations and air and oil lines
• Most equipment is imported from Holland, Italy or Germany, some of which are exclusive arrangements

CUSTOMERS

• The business has a national database of satisfied customers including some major blue chip clients who have entrusted them to carry out this key function

STAFF
STRENGTHS

• An extremely well established business which has been trading for over 25 years
• Excellent national reputation for competitive service and reliability
• National customer database which includes many blue chip clients
• Annual sales of circa £900,000 which is being achieved consistently and with high gross margins
• Very high repeat and referral rate from other satisfied customers

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property Information

	Property:	Freehold

	Lease Terms:	• Freehold • Rates: £18,000 per annum, currently being reviewed

	Living Accommodation:	Yes

	Details of Accommodation:	• Detached single storey lock up premises circa 3,500 square feet, with Red Care alarm system • 2 front and 1 rear roller shutter door to eave height to allow vehicular access • Front side pedestrian entry with side double office, rear kitchen area and w/c • Large storage area with rear workshop • Approximately 12 car parking spaces in front of the premises

	Location:	• The business is ideally located on a large industrial site situated in the South East

Growth Potential

• Train more engineers as the business turns away work on a frequent basis as it wants to ensure existing clients are well supported
• Buy in a database of all garages and email or write to offer their services
• Advertise in trade magazines to advise readers of the services available, they presently carry out no advertising apart from their own website

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

• Weekdays 8.30am to 6pm

Summary of Staffing

• 5 full time employees including the 2 vendors
• All the employees are long term and very experienced in all areas of the work

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