Leisure Vehicle Body Repair Business South Midlands Based For Sale

Asking Price:: £175,000

Turnover:: £392,368

Net Profit:: Available on request

This is a rare opportunity to acquire a long established and very profitable leisure vehicle body repair business focusing on the repair of caravans and motorhomes. Strong sales growth in recent years with business achieving six figure profits in the year to 31st March 2023.

Key features:
- Business established by vendor in 1985
- Good mix of private and insurance work undertaken
- Strong sales growth in recent years with business achieving six figure profits in the year to 31st March 2023
- Operated by husband and wife team on a full-time basis with three body workers/fitters - all employed in excess of five years
- Trading Monday to Friday 8 am to 5 pm plus collections/drop offs Saturday morning for one hour
- Fully equipped for the trade to a very high standard including two commercial spray booths
- Genuine retirement sale after almost 40 years of successful trading
- Highly confidential sale - internal inspection/meeting with vendor invited by prior appointment through Business Partnership

Property Information

Property:: Leasehold

Lease Terms:

UNIT 1: The premises are held on lease for a period of three years from 2014. The lease has been held over since expiry in 2017 by mutual agreement with the landlord. Current passing rent £19,600 per annum plus VAT. The rent payment includes service charge and water rates. A new lease will be granted simultaneous with the business purchase.

UNIT 2: The premises are held on lease for a period of three years from July 2021. Current passing rent £14,916 per annum plus VAT. The rent payment includes service charge and water rates.

Subject to the status of the assignee, the landlord may request a rent deposit. Our clients paid the equivalent of two months’ rent. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:: South Midlands based

Premises Details:: The business operates from a small, well maintained business park, with excellent motorway access, trading from two light industrial units which approximate 2,380 ft.² and 1,714 ft.² respectively.