Advert Details

Inspection Services for Automotive Industry For Sale

Details: Asking price:£295,000; Sales revenue:£569,000; Net profit:£78,000; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: An excellent opportunity to purchase a growing business specialising in inspection services for the automotive industry. The purpose of the business is based on a relatively simplistic business model which is to provide a third party inspection service on behalf of supplier/distributors or Original Equipment Manufacturers (OEM suppliers) for the automotive industry. The service provided is non-technical and helps address an increasing problem where component manufacturers within the automotive industry are not always able to supply consistent quality products. As a result there is a growing need for a third party inspection service to resolve quality issues, which would otherwise have major cost implications on UK production lines. Whilst a steady customer base has been developed, there is considerable scope to expand if desired. The business has built up a reputation for reliability and is regarded as a cost effective solution to resolving quality issues. As a result, rapid growth has been achieved mainly through word of mouth. Many opportunities exist to build upon the present business with a wider client base through increased business development and marketing activities.

General information: Years established:4; Employees: 4; Home based: This business can be run from home.; Relocatable: This business can be relocated.; Location:The business is operated from a home address.; Expansion potential:The owners believe that the business would be of particular interest to existing companies or individuals within the Quality business as an investment opportunity. The benefits are as follows:- • Steady customer base with growing niche market • Business development with new marketing initiatives • Simplistic business to run • Relocatable • Minimal overheads • Competitive within overall market place; Competition / Market:Whilst there are larger competitors within the market place, the business operates with minimal overheads and therefore, remains highly competitive operating within a niche market with little direct competition.; Support & training:The owners acknowledge their importance to the business and, to ensure a smooth succession on a sale, are willing to stay with the business for a period of time, on terms to be agreed.; Reasons for selling:The owners wish to emigrate.; Financing available?Upon application; Website:www.stirling-uk.com