Sector |
Turnover |
Location |
---|---|---|
Vehicle Repair | £1m | South, UK |
Business Opportunity:
An opportunity exists to purchase the business of a leading West Midlands based commercial vehicle repair and maintenance business.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation as appointed agent on behalf of the vendor.
Business Overview:
- The Company is an established provider of commercial vehicle repair and maintenance services to corporate clients across the West Midlands
- Established business with corporate customers bases and excellent reputation.
- The Company has an impressive growth record.
- Extensive inventory of owned and financed plant, equipment and vehicles
- Leasehold premises.
Assets Available for Sale:
- Unencumbered Office Furniture, Plant and Machinery, Stock and Vehicles.
- Additional financed vehicle fleet and encumbered machinery assets.
- Mobile repair fleet and on-site maintenance facility.
- Motivated and skilled staff of over 15 employees.
- Leasehold premises.
- Growing and Established Customer Base.
- Goodwill & Business.
Financial Information:
Year to 31st March 2018 (£):
- Turnover: 650,004
- Gross Profit: 486,630
- Net Profit (after tax): 28,396
Year to 31st March 2019 (£):
- Turnover: 944,847
- Gross Profit: 613,812
- Net Profit/(Loss): (271,165)
Management Accounts – 9 Months to 31/12/2019 (£):
- Turnover: 993,280
- Gross Profit: 288,634
- Net Profit/(Loss): (40,043)
Location:
South, UK.
Deadline for Offers:
Offers no later than 12 noon on Monday 9th March 2020. All offers to be supported by proof of funds.
Further Information:
Please contact Damian Short on 0161 2172727 or by email [email protected]