Specialising in Saab Servicing and Repairs
One of the largest and longest established
Location : East Anglia and UK wide
Asking Price : £184,950 plus SAV
Turnover : £700,000
Net Profit : £61,500
Gross Profit : Undeclared
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Relocatable
Confidentially offered for sale
Turnover of c. £700,000
Adjusted Net Profit £61,500
30 years established
A team with 150 years combined Saab experience
Very strong internet presence
Over 10,000 vehicles serviced to date
Nationwide customer data base
3 workshops covering 3,000 sq. ft.
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of one of the largest and longest Classic Car servicing centres in the UK.Business Profile
The business was first established in 1986. The vastly experienced team have unique knowledge of the Saab Marque. Customers travel the length and breadth of the country to benefit from the wealth of brand knowledge. The business has exclusive rights on many products including the QUAIFE limited slip differential.
There`s definitely a motoring community feel around this business. It`s very well known and trusted. The close attention to customer service has led to its excellent long standing reputation.
The team has over 150 years combined Saab experience. All the mechanics have been specifically trained to work on Saab`s. They possess a unique set of skills in building Saab engines and gearboxes.
The goodwill in the business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover c. £700,000
Gross profit, after wages and subcontractors c. 17.3%
Equipment c. £5,000
Adjusted net profit c. £ 61,500
The asking price of £184,950 + SAV is for the goodwill of this sole trader. The current stock, SAAB parts, stainless steel exhausts (unique to this business) etc. is valued at approximately £50,00.
The current advertising spend is only £4,000 per annum. The new owners might consider increasing presence in the many Classic Car magazines displaying at various trade shows and exhibitions.
The current owners feel that the business is in an excellent position of strength to facilitate growth and expansion. Classic Car spend is growing rapidly. This is borne out by the attendance numbers at the many exhibitions currently aimed
at the Classic Car fraternity. The N.E.C. Classic restoration shows and The SAAB Owners Club all present great opportunities to attract regular new business.
The business currently trades from three workshops expanding over 3,000 sq. ft. The purchaser of this business might already have premises in which case this business can be fully relocated.
The business currently employs 7 operational staff who can manage it on a day to day basis.
This should be a relatively simple business as the vendor has put in place 2 experienced workshop Supervisors and a long standing experienced Secretary to manage on a day by day basis.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at firstname.lastname@example.orgTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
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