AL234-Suffolk-£220,000-Mechanical and Electrical Vehicle Repair Garage

Suffolk, United Kingdom

AL234-Suffolk-£220,000-Mechanical and Electrical Vehicle Repair Garage

Asking Price:$328,626

Cash Flow:$99,461

Gross Revenue:$521,087

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2008

AL234-Suffolk-£220,000-Mechanical and Electrical Vehicle Repair Garage

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Business Description

Mechanical and Electrical Vehicle Repair Garage and MOT Service Centre
Ref.AL234
Location Suffolk
Asking Price £ 220,000
The vendor constructed this purpose built garage from scratch in 2008. The business is primarily a very high quality mechanical and engineering vehicle repair centre, taking MOT business for all classes of vehicles that is then subcontracted to a nearby garage.
The vendor has a contract with a local garage, preparing cars for sale & warranty work & autogroup. A large amount of work is taken on for leased vehicles, then the repair MOT and servicing is all done under contract through this business.
Sage software is used for accounts and payroll and One Link system is used for lease company repair work , MOT and servicing.

Detailed Information

Employees:
04
Facilities:
The business is based in Suffolk . Premises comprise of a purpose built leasehold garage of circa 1,200 sq. ft. with a well-equipped workshop consisting of 4 x 2 poster hydraulic ramps and diagnostic equipment that is included in the sale. The premises are on a rolling lease with annual rent of £10,367 Inc. rates.
Competition:
Very little advertising in undertaken, as the business handles a lot of work from One Link System. There is only a monthly direct mailing to the customer service and MOT database of circa 3,000 plus.
Support & Training:
Support and training will be provided to ensure a smooth transition of ownership, if required.
Reason for Selling:
The vendor is now looking for a change of lifestyle.

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Reeta Verma

Business Listed By:
Reeta Verma

Turner Butler

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