CoGoGo is delighted to welcome to the market this well-established and busy Mercedes car parts supplier and repair business in North Weald, Essex.
Priced at £49, 995 +SAV - the stock is valued at just less than a million, the owner is willing to sell everything for £300, 000 with stock included.
The business was established by our client in 1990 and is only now being offered to the market due to our client’s desire to concentrate on other business interests. The business currently operates 5½ days per week and generates a turnover in the region of £500,000 per annum, with a good gross profit.
Our client offers a wide range of parts and spares for Mercedes cars, vans and 4 x 4s, with parts ranging from 1959 to current models and include engine & body parts, which are sold on websites including First Class Mercedes, Parks Gateway, 1st choice spares and eBay, which accounts for 70% of the sales. The other 30% is from Mercedes servicing, diagnostics, mechanical and body/paint repairs, which is actioned on site in the fully equipped garage.
The business has built up an enviable reputation within the area and further afield for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours and increasing the repairs side of the business. A new owner could also embark on a modest marketing campaign to highlight the services offered.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
Financial Profile
The business generates a turnover in the region of £500,000 per annum, with a good gross profit.
The owner has advised he is open to offers on the additional stock.
