West Midlands Commercial Vehicle Repair and Recovery Company For Sale

Business description

Privately owned commercial vehicle repair and recovery company having freehold premises situated in convenient location close to main motorway network and major roads in the West Midlands area.

Property information

Property:

Freehold

Location:

This commercial vehicle repair and recovery business operates from freehold premises in Birmingham, covering a total area of 2 acres, and situated in an impressive prime geographic location within quick reach of the main motorway network. The premises comprise of 3 separate buildings housing 3 administration offices and 4 large workshop areas with a large yard area with warehouse facilities and ample parking.

There is additional land of approximately a quarter of an acre, which is owned by the local authority and may be available for purchase.

Other information

Expansion potential:

This West Midlands based vehicle repair and recovery business has significant growth potential. Around the property there remains significant scope for further development and expansion of the existing buildings owned by the current vendor. The business is an excellent opportunity for any investor / developer looking to for a successful business with scope for future development. 3 of the existing buildings are sub-let out at present on a ‘no ties’ basis providing an additional income for the business.

Competition / Market:

This commercial vehicle repair and recovery business was established in 1979 in the West Midlands by the current owner, the business offers its customers a unique ‘one stop shop’ philosophy by providing all aspects of repair and recovery services. The business operates a 24 hr national service network with an international out reach, and can undertake repair work on light and heavy commercial vehicles and plant equipment. Provision also includes services for companies across all market sectors from small firms and industrial companies, to contracts with blue chip PLC’s including P&O and the Wincanton group. To its’ credit, the Company has received an ISO accreditation for the excellent high levels of quality and service it provides to its customers, and has built an excellent reputation for efficiency and professionalism that is reflected in the high caliber workmanship and the ability to undertake any job. The company employs trained staff in engineering, hydraulics, vehicle electrics and body repair, and are agents for Montracon trailers, BPW axles, Piestman Arial platforms, and hold manufactures impressed stock for Mercedes, DAF, BNP and Serk-Unipart. The business owns a recovery fleet comprising of car, light and heavy commercial, coach recovery and specialist heavy low loader vehicles. The current director is willing to sell 100% shareholding and assets in the Company, which is an organically expanding and going concern with further significant growth and development potential.

Support & training:

The current owner would be willing to stay with the business under its new owners for as long as is needed to ensure a seamless transition, as a consultant or as full time employee of the business up to the period of 3 years.

Reasons for selling:

The current owner is looking to retire

Trading hours:

24 hours

Financing available:

We can introduce you to our expert financial advisors if required

Furniture / Fixtures value:

£120,000

Related documents:

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