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Independent garage services business – a one stop shop for all motoring needs including a petrol forecourt, service and repair, Class IV MOT, bodyshop, Smart repairs, tyres and exhausts
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a garage services business offering a wide range of services including sales of fuel, service and repair, Class IV MOT, bodyshop, Smart repairs, tyres and exhausts.
The Company has the following key attributes:
Garage services presence on-site since the 1930’s.
Rural location with little local competition.
Solid, longstanding workshop and bodyshop customer base – trade and retail.
Loyal, highly skilled and experienced workforce.
Significant growth and expansion opportunities.
The Company provides an acquirer with:
An ideal additional outlet for a business already operating in the garage services sector.
An excellent platform for growth.
For the financial year ending March 2014, the business achieved a turnover of approximately £1.167m, a Gross Profit of almost £335,000 and an EBITDA before Director’s Costs of almost £70,000.
Offers are now invited for a sale of 100% of the Issued Share Capital of the Limited company based on an adjusted Balance Sheet of £280,000 to exclude the value of the freehold land and buildings and a long leasehold, which are excluded from the sale.
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