Industry Overview
The buisness has recently benefited from the increased demand in the
logistics sector. There has been high demand for clutches and engines to be replaced and
this has had a positive impact on the sales revenue. There is also an opportunity to add the
supply and fit of new tyres, a clean engine service, providing the gas for air conditioning
and a tracking service as an extension to the existing portfolio of services. the option to
sell and lease vans could also be considered.
Location
The business is situated over two sites in Bristol.
Business Description
With thirty five years of experience and an established reputation for high quality
workmanship, the business offers their customers reliability, expertise and at
a competitive rate that only an independent garage can offer. They provide a tailored
service to many local and national companies who trust their specialist service year after
year.
Financial Summary
Sales
2020 £1,130,922
2021 £1,397,437
2022 £1,465,535
Gross Profit
2020 £347,315
2021 £506,904
2022 £447,306
Net Profit
2020 £109,532
2021 £289,574
2022 £161,634
Investment Rationale
The current owner has a very busy order book for 2023, the business would benefit from a larger industrial unit to take on more work from their national fleet customers
Customer Overview
Customers include Virgin Media, AAH and Network Rail.
Transaction Information
This is a full sale of the Ltd company - all three Directors are looking to retire.
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.
