Award Winning Vehicle Accident Repair Centre For Sale

Business description

This business set up some 30 years ago has been owned by the current vendors since 2001. In that time the business has established itself as a fully approved and accredited bodyshop and repair centre for cars and light commercial vehicles with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business with many of its commercial clients having been with the business for a considerable period of time. It has a wide and varied client base and caters for both the trade(insurance companies, private companies with fleets to maintain etc) and retail market. (Trade acounts for some 80% of sales, retail/public circa 20%).

Such is the quality of both the work and service levels this business provides it has become the repairer of choice for several of the major insurance companies for this region of the country. The business receives regular customer satisfaction reports from its clients and has won several awards for its outstanding performance in this area. It is actually the number one ranked company for one such national motor insurance company.

Property information

Property:

Leasehold

Lease terms:

The premises are on a long leasehold (originally 99 years, with 70 year remaining). The current value of this is circa £290,000. The business also pays a ground rent of circa £7500 p.a. Rates are circa £9500 p.a.

Location:

The premises are on a long leasehold (originally 99 years, with 70 year remaining). The current value of this is circa £290,000. The business also pays a ground rent of circa £7500 p.a. Rates are circa £9500 p.a. The premises are situated on a small industrial estate which is currently being upgraded and redeveloped close to the town centre. The site has good access with allocated parking for some 25 cars externally. This could easily be extended if need be as there is a large lawned area at the front of the building that is part of this 0.7 Acre site. The building is semi detached and of solid construction. It comprises two large adjacent bodyshop areas with a further valeting area. One bodyshop house the 3 ovens, paint store and mixing room. The other has a two storey integrated office/storage facility. There is also a staff room, and staff toilets. In addition to this the building has a modern reception and waiting area, with manager’s office and customer toilets. Total floor space is circa 11,300 square feet. The unit has all the necessary fume extraction fitted together with heaters and high quality lighting. It was recently re-wired. All services are connected.

Other information

Expansion potential:

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 . The business does very little advertising and could certainly expand this activity with a more proactive approach to sales. The business is well positioned to take maximum advantage of this growth as it occurs as it has all the necessary infrastructure in place.

Competition / Market:

The business undertakes no advertising at present relying more on referrals, repeat business and word of mouth recommendations. It also has an informative website.

Support & training:

The current owners would be happy to provide full training and support at handover. Director(s) may even consider staying on within the business if a new owner so required subject to negotiation.

Reasons for selling:

Personal reasons

Trading hours:

Monday – Friday: 0730-1730 Saturday 0830-1130