Profitable Classic Car Repair & Restoration Business for Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
19/08/20
- Advert ID
263855
- Reference
BMB10602 / Rightbiz
- Call Agent:
- Turnover: £660,000 (£12,692 Per week)
- Net Profit: £105,000 (16% Profit margin)
Key Features
- High Turnover
- Company for Sale
- Offers Invited
- Established Business
- Prime Location
- Unique Business
- Accounts Available
- Attractive Business
Business Details
Classic Car Repair & Restoration
Business Overview
Buy My Biz is exclusively retained to find a purchaser for this long established and profitable classic and prestige car repair and restoration business. Over the last 25 years, our client has built a reputable brand and profitable business offering a variety of specialist repair and restoration services for classic and prestige cars. Alongside the restoration services, our client also has facilities to offer storage solutions to their clients.
Long Established Business & Brand
This business has a recognised brand and valuable reputation in the industry. There is a great opportunity for a new owner to take this established business and build on what our clients have created, whether as a standalone business or as a bolt on opportunity.
Great Opportunity for Growth
The business is established, respected and profitable. The business has a strong team of loyal and experienced specialists who currently support the vendor with the day to day running of the business. A full and mutually agreeable handover period will be provided; the vendor is also prepared and happy to remain involved for an extended period if required.
Reason for Sale
Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They believe the business would benefit from becoming part of a larger organization with the expertise and resources to take the opportunity to the next level and drive business growth internationally and into new market areas
The Opportunity
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.
- Excellent Goodwill & Reputation
- Established Brand & Business Process
- Profitable Business
- Loyal & Experienced Team
- Good Opportunities for Growth
- Scalable Business
Price
Offers are invited for 100% of the business shares
(All offers to be based on a cash free/ debt free basis)
The Next Steps
On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
