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Vehicle Recovery Company With Workshop

Location  United Kingdom
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $640380
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  The current owners would be happy to provide full training and support
Reason for Sale  The vendor is planning his retirement.
Description  VEHICLE RECOVERY COMPANY With Workshop/Bodyshop Repairs and Car Hire Ref.AL117 Location West Cumbria Asking Price œ 1,250,000 Set up over 40 years ago this truly established business provides a comprehensive range of services to the market it serves. These include Recovery Services- The business has a comprehensive fleet of signwriten recovery vehicles that provide a 24/7 service. The business is in the enviable position of holding written contracts with many of the national automobile clubs(up to 3 years in duration) with guarantees them income throughout the years. (50% of turnover) Insurance Approved Workshop & Bodyshop- Operating from substantial and very well equipped premises the business is able to undertake general auto mechanical repairs,servicing maintenance and diagnostic services for most marques in addition to providing specialist auto body repairs, welding, paint restoration and mixing services. (Workshop 12.5% of turnover, Bodyshop 12.5% of turnover) Fast Fit Centre- Providing a rapid and reliable fast fir service that includes the supply and fit of exhausts, tyres and batteries for most manufacturers vehicles. (12.5% of turnover) Car & Van Hire- The business has an in-dpeth knowledge of the vehicle hire and lease market and as such is able to provide customers with excellent rates. Car Sales- As the business is a fully licensed credit agency they also offer contract hire, hire purchase & personal car finance. Equipment: The business has all the necessary plant and equipment to carry out its work to the exacting standards its clients require.These include a fleet of 9 recovery vehicles, 3 courtesy cars, 4 ramps, a spray booth and a full range of garage equipment. All this equipment is housed within substantial and well fitted detached industrial premises. Estimated value of assets (including freehold)is circa 950,000.
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