24 Hour Breakdown Recovery Services Business For Sale

Business description

The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £1,150,000 pa (see financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- An ideal purchase for a similar business from within the industry looking to extend its portfolio of services.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides 24 hour breakdown recovery service, MOT Testing Centre for cars and light commercial vehicles up to 6.5 tons. Comprehensive fully guaranteed service packages to suit both the public and commercial fleets, fully equipped Air Conditioning Station. Using the latest equipment the towing and transport industry has to offer and able to handle all vehicle accidents and recovery, repairing most breakdowns on the side of the road. When this is not possible they can recover, store and repair at any of their well-equipped garages.
- The MOT services provided cover Motorcycles, Quads & Trikes, Cars & Three Wheelers, Vans 3000hg+ Class VII, Minibus Class IV, IVA, V & VA, Any size Camper van, Stretch Limo's and are authorised to check Taxi's for the FODDC
.

History
Agents are delighted to place onto the market these Recovery Service, Servicing and MOT Centers, which have been established since 1938. The business has been in the hands of the current family owners since 1938 and they now wish to sell due to retirement.

Services
This very good business opportunity provides 24 hour breakdown recovery service, MOT Testing Centre for cars and light commercial vehicles up to 6.5 tons. Comprehensive fully guaranteed service packages to suit both the public and commercial fleets, fully equipped Air Conditioning Station. Using the latest equipment the towing and transport industry has to offer and able to handle all vehicle accidents and recovery, repairing most breakdowns on the side of the road. When this is not possible they can recover, store and repair at any of their well-equipped garages.

Staffing
The concern employs 20 full-time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business in various magazines and free press, and has a website.

Competition
There is no local competition.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and increased internet advertising.
• Becoming more efficient with staffing levels.
• With an enhanced website.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Property information

Property:

Freehold

Lease terms:

The first location is leasehold and is currently on a rolling lease agreement with a rent of £5,278 pa. The second location is freehold

Location:

- Situated at two locations in the South West of England (leasehold and freehold).

Premises details:

For full details of the premises, equipment and stock including all vehicles included in the sale please contact Phoenix Business Agents Ltd.

Business Operation

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and increased internet advertising.
• Becoming more efficient with staffing levels.
• With an enhanced website.

Competition / Market:

There is no local competition.

Reasons for selling:

Retirement

Trading hours:

Recovery Services operate 24/7.
Garage Services:
Monday to Friday: 8.30am - 5.30pm.
Saturday: 9.00am – 12.00noon
Sunday: Closed

Employees:

The concern employs 20 full-time staff

Years established:

1938

Other information

Support & training:

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made

Furniture / Fixtures value:

£800,000 (included in the asking price)

Leasehold asking price:

£5,278 (Furniture / Fixtures included)