Respected Vehicle Repair Shop – Serving Bexhill-on-Sea

Bexhill-on-sea, East Sussex
REF: INT3247

Asking Price:
£195,000
Annual Turnover:
£375,026
Annual Net Profit:
£126,922
REF: INT3247
Photo of Respected Vehicle Repair Shop – Serving Bexhill-on-Sea
Photo of Respected Vehicle Repair Shop – Serving Bexhill-on-Sea
Photo of Respected Vehicle Repair Shop – Serving Bexhill-on-Sea
Photo of Respected Vehicle Repair Shop – Serving Bexhill-on-Sea

Overview

Tenure:
Leasehold
Established:
2008
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business

This business is a well-established vehicle repair shop with over 3 decades of experience serving the Bexhill, Hastings, and Eastbourne regions.

Founded in 1993 and incorporated as a limited company in 2008, the business is known for providing high-quality car and van repair services, including tyre replacement and air conditioning maintenance,

They have built a solid reputation for their honesty, integrity, and dependable service, serving a mix of both domestic and business customers, including local charities.

It is one of the few remaining independent garages not tied to main dealers, making it a trusted, local option for vehicle repairs.

Overall, this an excellent opportunity for a new buyer to step into a business with a loyal customer base and strong foundation.

Operations take place from a small industrial estate, featuring three ramps, an office, and ample signage.

The business attracts a steady stream of customers within a 20-mile radius, comprising 75% domestic and 25% business clients, including local building companies and charities.

Runs efficiently with 2 full-time employees and the owner, who manages repairs directly.

Despite its success, no formal marketing is in place, and all customer acquisition is driven by word-of-mouth referrals and repeat business.

The garage's software has the potential to automate customer reminders for services and MOTs, which are currently untapped.

The introduction of a dedicated marketing strategy, such as service and MOT reminders, could attract new clients.

Additionally, bringing MOT services in-house would allow the business to capture more of the local market.

Expanding the team would enable the business to handle more workload, further capitalising on its excellent reputation and customer loyalty.

Finally, geographic expansion or relocation could help tap into additional surrounding areas.

Features

Key Information

  • Number of Ramps: 3

Location

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  • On-Site Car Parking

Property

Annual Rent
£10,180
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
2024
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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