| (REF: 2442) Established Breakdown Recovery Services& MOT’s Centres in South West of Eng |
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| Seller Reference: |
2442 |
| B4S Reference: |
32236 |
| Asking Price: |
£1,200,000
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| Net Profit: |
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| Sales Revenue: |
£1,200,000 |
| Number of Staff: |
20 |
| Established For: |
74 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Gloucester, Gloucestershire, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £1,150,000 pa (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- An ideal purchase for a similar business from within the industry looking to extend its portfolio of services.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides 24 hour breakdown recovery service, MOT Testing Centre for cars and light commercial vehicles up to 6.5 tons. Comprehensive fully guaranteed service packages to suit both the public and commercial fleets, fully equipped Air Conditioning Station. Using the latest equipment the towing and transport industry has to offer and able to handle all vehicle accidents and recovery, repairing most breakdowns on the side of the road. When this is not possible they can recover, store and repair at any of their well-equipped garages.
- The MOT services provided cover Motorcycles, Quads & Trikes, Cars & Three Wheelers, Vans 3000hg+ Class VII, Minibus Class IV, IVA, V & VA, Any size Camper van, Stretch Limo's and are authorised to check Taxi's for the FODDC
Services
This very good business opportunity provides 24 hour breakdown recovery service, MOT Testing Centre for cars and light commercial vehicles up to 6.5 tons. Comprehensive fully guaranteed service packages to suit both the public and commercial fleets, fully equipped Air Conditioning Station. Using the latest equipment the towing and transport industry has to offer and able to handle all vehicle accidents and recovery, repairing most breakdowns on the side of the road. When this is not possible they can recover, store and repair at any of their well-equipped garages.
Staffing
The concern employs 20 full-time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business in various magazines and free press, and has a website.
Competition
There is no local competition.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and increased internet advertising.
• Becoming more efficient with staffing levels.
• With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property and Equipment Details
For full details of the premises, equipment and stock including all vehicles included in the sale please contact Phoenix Business Agents Ltd.
Equipment with Sale
All fixtures, fittings and equipment are included in the sale price and are valued at £800,000.
Financial Details
The present annual turnover is £1,200,000.
The potential turnover of the business within the next 2 years is forecast to reach £1,500,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Leasehold |
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Lease Terms: |
The first location is leasehold and is currently on a rolling lease agreement with a rent of £5,278 pa. The second location is freehold. |
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Current Rent: |
£5,278 pa |
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Living Accommodation: |
No |
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Location: |
- Situated at two locations in the South West of England (leasehold and freehold). |
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There is no local competition. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and increased internet advertising.
• Becoming more efficient with staffing levels.
• With an enhanced website.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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now wish to sell due to retirement |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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Recovery Services operate 24/7.
Garage Services:
Monday to Friday: 8.30am - 5.30pm.
Saturday: 9.00am – 12.00noon
Sunday: Closed
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The concern employs 20 full-time staff. |
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