Bespoke Manufacturer International Brand Garage Equipment Business For Sale - Newcastle-upon-Tyne, United Kingdom
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Business description: The business operates from a small manufacturing centre within the UK and promotes through a wide distribution network in the UK, Ireland, Spain,Germany, France and Netherlands. The product range is unique and well established with most parts now sourced locally from within the united kingdom. The garage workshop automotive market in Europe is one of the largest markets in the world and provides many further opportunities for growth expansion as well as cost saving reductions on material components. The business would suit a group as a bolt on acquisition already providing tools or equipment to the garage automotive sector or an existing industrial products manufacturer/distributor, or an investor who wants to become active on a daily basis or manage the business from a senior level. The business employs a small team of highly commited and focused individuals.
Years established: eight years
Employees: three
Trading hours: Mon-Fri business working hours
Relocatable: This business can be relocated.
Property : Leasehold
Lease terms: three years
Location: located close to the main north south motorway with excellent on and off ramps, fifteen minutes to the Port of Tyne Quay and fifteen minutes from Newcastle Airport.
Expansion potential: The business is positioned to go to the next level and provides excellent opportunities for expansion into more european markets both in new sales and service repairs. The brand is internationally recognised and draws on many years of acceptable service.
Competition / Market: The business has limited global competition as it provides a unique method for use within small garage workshops. The product has been accepted for use by various road side authorities and is distributed throughout many automotive parts outlets.
Support & training: Technical support and business training can be provided by the owner
Reasons for selling: The business needs to progress to the next stage and the care and guidance required to develop that growth can not be provided in total from the current owner who currently resides overseas.
Financing available? initial deposit then finance provided over an agreed period of time on a monthly or quarterly basis or percentage of ownership, with an option to fully purchase at a later stage.
