Search
×
×
Additional Filters
Added
Anytime
  • Anytime
  • Last 14-days
  • Last month
  • Last 3 months
  • Last 6 months
Price
No min
  • No min
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
No max
  • No max
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
Additional Filters
Back to listings Save

Established 37-Year Commercial Vehicle Repair Business in Kent - Ideal Acquisition with Growth Potential

 Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    20/03/23

  • Advert ID

    510329

  • Reference

    B07095 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Providers of commercial vehicle repairs

Business
Please quote reference B07095

The business covers all aspects of commercial vehicle repair, including servicing, MOT preparation and presentation, routine maintenance, and major body work repairs. The company also operates as spares suppliers for HGVs, and offers 24-hour breakdown coverage, utilizing its own workforce and a network of suppliers.

From humble beginnings in the mid-1980s, the company has grown into a successful enterprise, serving over 200 active clients and boasting an impressive financial profile. The business covers all aspects of commercial vehicle repair, including servicing, MOT preparation and presentation, routine maintenance, and major body work repairs. The business also operates as spares suppliers for HGVs and offers 24-hour breakdown coverage, utilizing its own workforce and a network of suppliers. With an impressive purpose-built unit, the company is ideally located close to a number of important transport links and major freight routes.

The company also benefits from a skilled and experienced team of mechanical engineers and office workers who run the day-to-day business operations independently of the business partners. Above all, the company has become renowned for offering a reliable and efficient service at reasonable prices – a fact that is reflected in its uniformly positive reviews on Google, and the high percentage of repeat custom.

The company’s remarkable financial profile also bears testament to the quality of its services, with a turnover of £2,605,589 and an operating profit of £378,770 (as per the 2022 accounts).

Indeed, the business has a lot to offer the prospective buyer, including:

  • A well-established reputation which has facilitated countless “word of mouth” recommendations;
  • An extensive and loyal client base (with over 200 active clients);
  • A proven history of organic growth;
  • An ideal location, close to a number of important transport links and freight routes;
  • Impressive purpose-built premises with 7-bay workshop and with room for expansion;
  • A booming transportation and logistics industry;
  • Ample scope for growth, e.g. by extending the company’s range of services, increasing its digital footprint and expanding into online sales.
The company may well make an excellent bolt-on company for foreign HGV repair businesses seeking to implement an international operation, or an acquisitional opportunity for a national company.

Highlights -

  • Ideal location with an impressive purpose-built property;
  • Well-established with an illustrious 37-year history;
  • An extensive and loyal client base;
  • Word-of-mouth recommendations;
  • A history of organic growth;
  • Impressive financial profile;
  • A booming transportation and logistics industry;
  • Ample scope for growth.
Opportunities -

  • An ideal acquisitional opportunity for a national or international competitor;
  • Expansion into online sales;
  • Increasing the range of services;
  • Enlarging the company’s digital footprint.
 



Location
Located in the South East of England. 



Premises
Operating out of a freehold premises. 



Tenure
Freehold basis



Hours
Due to the nature of the business, it operates all year round. 



Staff
Experienced team of staff in place



Financial Profile
  • 100% share capital
  • Interested parties will be required to sign an NDA




Read more

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.

0 of 0

Be safe, use a Rightbiz Solicitor

Contact seller

Loading...

Related Tags:

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.

0 of 0

Be safe, use a Rightbiz Solicitor

Get Solicitor
× 1/2

Related Tags:

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Providers of commercial vehicle repairs - B07095 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.