buying a business

IOM Vehicle Service, Repair and Fast Fit Business

Overview

  • Location
    Isle of Man
  • Sector
    Services
  • Relocatable
    No
  • Asking price
    £450,000

Description

This business has been operating successfully for over ten years now and has several maintenance contracts in place with blue chip local businesses as well as consistent regular and repeat passing trade.

A considerable investment into IT and stock and accounting automation has been undertaken by the current owner making this an ideal opportunity for a new owner to potentially put a manager in while retaining all appropriate day-to-day oversight.

This is an opportunity to take over a mature and well-respected IOM vehicle repair business that is well regarded and positioned very well for the future. The asking price has been reduced to £600K, due to personal reasons.

Further information

A Non-Disclosure Agreement (NDA) will be required so that any further information disclosed remains private. Available under NDA will be:

•               A copy of the last four years trading accounts

•               A detailed list of all assets, equipment & stock going with the sale

•               Any other information you may require

If you would like an NDA please don’t hesitate to contact us as below.

Facts and figures
  • A mature well-known local brand
  • Strong repeat customer base built up over a long period of time
  • All equipment is modern and well-maintained
  • Excellent internet presence and good supply chain contracts
  • Modern leased premises which are in good order with longish leases
  • Well trained staff who are under continuous training programmes
  • Turnkey opportunity which includes equipment, courtesy vehicles & all stock
  • Significant investment in IT simplifying admin costs and stock control
  • Price Negotiable

Thinking about selling?

if you are thinking about selling or ready to sell then let’s talk! We are happy to have an initial consultation to talk about what the market looks like and what the demands are for your type of business and take it from there. Everyone has different reasons for selling and our service is bespoke to allow for all of those scenarios. They could be retirement, ill-health or a planned exit strategy.

I have a business to sell
Thinking about selling?

Signature Acquisitions combine a personal approach with a good understanding of client needs and the market.

See all testimonials

Sounds good? Get in touch.
Mark Burman, Director