Description Busy Insurance approved Car Body repair business offered for sale. Previously operating as a partnership between 1999 and 2008. New Ltd company incorporated in January 2008. Moved into larger premises (On same industrial site - but more visible) May 2008. Approx 3,000 square feet with mezanine office space, store room, reception etc. Purchaser to be assigned lease.
The business owns all assets including the only commercial sized Dalton spray booth in the area (Will accomodate High top LWB transit/sprinter etc) 3 phase compressor and spare, Welding equiptment, all bodyshop tools, Octoral water based paint scheme, 2 x poster ramp etc etc,
The business has developed close relationships with several of the Franchised dealers in the area. Not to mention repeat business from retail customers.
2009 T/O in excess of œ140K with no marketing!
The business has fantastic potential. Would suit owner/manager. Operating efficiently, the business has the potential of œ70,000 profit plus paying a healthy Salary.
Key opportunities include developing the Insurance work (Currently only 10% of T/O) Improving efficiency, Utilising office space plus much much more. 2 x skilled fully qualified members of staff plus manager in place hence would suit semi skilled. Excellent relationships with all suppliers etc.
Now for the cherry on top! - Due to heavy investment last year, the company has various tax losses and dividends available making this a very cheap business proposition.
Being sold due to other business commitments and haven't got time to invest. I would want to retain a small share but please contact me to discuss further. Email or call 07901 550506.
