| (REF: AL201) HGV / Car Workshops & MOT Test Station Service Agent & Approved Repairer |
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| Seller Reference: |
AL201 |
| B4S Reference: |
26641 |
| Asking Price: |
£660,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£1,500,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Herefordshire, England, United Kingdom |
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This business set up some 30 years ago by the curent vendors provides a comprehensive workshop service for a diverse range of commerical, conventional and non-conventional(e.g. Military) motor vehicles from HGVS, PSVs, Light Commerical Vehicles and Vans right through to Cars.
Because of the diverse range of services it offers the vendors have split the business into two separate entities that run autonimously. One side services the HGV/Commercial market and the other looks after the domestic car market.
Since inception the business has established itself as a market leader in the region with an enviable reputation for quality and service backed up by numerous accreditations and. agencies. Because of this the business enjoys very high levels of referrals and repeat business from a very impressive list of large blue chip clients within both the public and private sector (on both the Commerical/HGV side and domestic car side) many of whom have contracts in place with the company for ongoing maintenance of their fleets. The reason for this is that the business can provide a whole host of quality services to customers including:
• Repairs, servicing and ongoing maintenance
• MOT Testing Facilities for CLASS IV, V and VII
• Tachograph Station
• Approved servicing, warranties and repairs for leading international truck manufacturer
• Specialist works for non standard vehicles (e.g.military and utility companies fleets)
• Full diagnostic testing
• Tyre fitting
• Breakdown
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Property: |
Leasehold |
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Lease Terms: |
The business operates from large workshop facility circa 27,000 square feet. It is divided up so that the truck and car centres are run autonomously with no interference . Each business has its own entrance, signage, reception area, offices, parts departments and workshops. Approximately two thirds of the space is utilised by the Truck side. Total rents are circa £70,000. Rates are circa £25,000. It is understood a new lease would be made available to a new owner. |
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Current Rent: |
Total rents are circa £70,000. Rates are circa £25,000. |
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Living Accommodation: |
No |
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The business undertakes a little bit of local marketing on the car side and this part of the business has its own informative website in place. The Commercial side of the business has never felt the need to advertise relying more on referrals, repeat business and word of mouth recommendations. |
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The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The site has the room for expansion if need be and this could easily be achieved . It is understood the business is currently operating at circa 80% capacity.
A new owner could easily expand the operation further and get involved in vehicles sales, both on the domestic car and commercial vehicles side. This is an area the vendors have never really explored. The recovery side of the business could also be developed further.
The business does very little advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has all the necessary infrastructure in place. |
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The current owners would be happy to provide full training and support at handover and may even consider staying on within the business for a further period if a new owner so required subject to negotiation. |
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Retirement/Health reasons. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday: Truck Centre 0700-1800, Car Centre 0830-1730
Saturday 0830-1300 |
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The two sides of the business run autonomously. One of the directors heads up the car workshop whilst the other two directors (husband and wife) work full time within the HGV workshop (one is very much hands on in the workshop whilst the other is responsible for administration). However the vendors have put in place a good management team that includes the following full time personnel.
TRUCK CAR
1-Parts/Service Manager 1- Assistant Manager
1- Accounts/Payroll Administrator 1-Foreman
1-Workshop Foreman 5-Technicians
4-Technicians |
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