Asking price: < £200k

Sales revenue: £200k < 500k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

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.