Price: Sale Price: £800,000
Size: SOA Primary Category: Businesses For Sale All Categories:
Businesses For Sale, Property Ref/Movehut: MH581581 Property Ref/Agent: 1384-c-g-lucrative-body-work-repair-business-in-west-midlands
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: February 25, 2021
Hilton Smythe are pleased to introduce to the market this bodywork repair business, a profitable concern which has been under the careful control of our client for a number of years. The business has been based at its current location since 2006 and has grown and developed tremendously under our client's direction, having forged a number of enviable agreements with insurance companies and other large corporate organisations.
Operating a successful body work repair centre, the business is fully equipped to provide the service on a mass scale, having had installed two bespoke spray booths costing around 100,000 each, paint mixing shop and unique extraction system costing circa 250,000 to comply with the local environmental health requirements. The business benefits from two substantial workshop premises and communal yard which is utilised fully as motor vehicle storage.
We are advised that our client would be more than willing to assist any new owner with a handover period to be negotiated.TENUREAdvised leasehold with rolling lease. Rent stated on the 2012 accounts to be 39,276 per annum.STAFFIn addition to our client, the business is operated with the assistance of 32 members of staff.FINANCIAL PROFILETurnover stated to be 1,032,412 generating a gross profit of 346,372. .
EPC for West Midlands
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