Commercial Vehicle Repair and Maintenance (“The Company”)

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]