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Car Gearbox Reconditioning And Repairs Business For Sale

Hampshire, UK
Asking Price:
£200K - £500K Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
£100K - £250K

This is the sale of a profitable and scalable business, with a valuable freehold workshop building, based in the south of England.

Demand is high, and with more resource, the turnover and profits could be considerably expanded. The premises are fully equipped and capable of absorbing a larger workforce and increase in work. Specialising purely in gearboxes, automatic transmissions, differentials and axles, regular work is provided by many local garage businesses, plus a steady flow of work from private customers. The business operates with a healthy profit margin.

The company was set up in the late 1990s and has an excellent reputation with both trade and private customers alike. It is being offered for sale to enable a comprehensive handover after which the current owners wish to retire.

The owners have considered how best to handover the business, due to its specialist nature, and they are very flexible as to how this may be achieved. Enquiries are welcomed from suitable skilled people or organisations (from the motor trade or similar engineering background such as aviation, mechanical or marine) with the financial resources to acquire both the business and freehold.

Property Information

Property:

Freehold

Location:

Industrial Estate next to mainline railway station

Premises Details:

Freehold. Fully equipped workshop with ramps and repair area. Upstairs office and WC.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Ample scope for expansion. Demand is high.

Reasons for selling:

The owners want to retire but are mindful of the need for a comprehensive handover and this is offered as a full part of the sale process.

Trading hours:

Mon-Thursday. The current owners choose to work a 4 day week.

Employees:
2 owners only, part-time
Years established:
28

Other Information

Support & training:

A full handover is offered to suit the buyer's requirements. This can be discussed.