Superbly appointed substantial indoor van breakers and parts warehouse

Introduction

Turner Butler has been appointed to invite offers of purchase of the issued share capital of this long-time established niche breakers business which has been operating successfully for 35 years.

Business Profile

The business offers a huge range of new, used and reconditioned van parts. They supply garage and vehicle repairers all over the UK. There are upwards of 1,000 garage and trade repairers placing repeat orders. It operates 2 recovery trucks, 3 fork lift trucks, ramps, compressors and tyre changing equipment.

Customer Service :

Customer service is paramount and is borne out by very long-standing relationships with loyal and trusting commercial van repairers.

Key strengths

A very long time established premium quality vehicle parts business with little or no competition

throughout the North West and Lancashire.

Asking Price :

The asking price of £650,000 is for 100% of the issued share capital of the company and includes net assets of approximately £350,000 on completion ( calculated on a zero cash-zero debt basis )

Advertising and Marketing:

All business is generated from the many existing historical customers. New business growth is organic.

The company does not pay for advertising or marketing.

Growth and Expansion:

There is plenty of scope for expansion. Every year the number of delivery vans on the road

increases. Significant growth could be achieved by increasing the parts range.

Premises:

The business operates out of a modern 20,000 sq ft warehouse. There is a well-equipped office, a canteen with customer toilets and a separate customer waiting area. A new five-year lease is proposed with an annual cost of £60,000.

Employees:

There are currently 6 full time employees.

Reason for Sale:

The business has been with the family for 35 years. The proprietor feels it`s time to consider retirement.

Support and Training: 

The owner is willing to remain within the business for a pre agreed amount of time. The purchaser will be an existing vehicle breaker and will fully understand this business model anyway.