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Engine Reconditioning Business Including Sale In West Midlands For Sale

West Midlands
Asking Price:
£275,000
Turnover:
£120,000
Net Profit:
£24,531

Specialist Engine Reconditioning Business including Sale of Freehold
Transworld are proud to represent this established family business.
The business has been established for over 35 years and has always offered a wide range of specialist services which ensure that your engine can be returned to optimum condition. The family business has been successful over many years based upon its ability to use its comprehensive range of specialist equipment, a wide range of engineering processes, combined with skills honed over many years which has ensured they can get your vehicle back on the road in tip top condition. The business has always taken pride in being able to provide specialist services which offer excellent value for money. Their friendly approach combined with their specialist technical knowledge and skills provide excellent customer service which keeps their customers coming back.

Property Information

Location:

Property Summary

The business is located in an established industrial area and is convenient for all local major trunk roads and motorways.
We have been advised that all mains services are connected and in good working order.
The unit is divided into two parts both have gas heating and an alarm system. The unit has a solid brick construction and appears to be in an acceptable state and condition commensurate with its age taking into consideration reasonable wear and tear.
The gross internal square footage inclusive of a mezzanine area is circa 3700 sqft.

Trading Hours

The business opening hours are Monday to Thursday 7:30am to 4pm

Premises Details:

The business has been established for over 35 years and has always offered a wide range of specialist services which ensure that your engine can be returned to optimum condition.
The company is a specialist family owned Engine Reconditioning business which has been established for many years. The business has an excellent reputation, a knowledgeable team, specialist equipment and processes which have ensured the business has prospered for many years.

Business Operation

Expansion Potential:

Potential Growth

- The company could add a new website promoting its services to new customers.
- Once the marketing is adding to the throughput hours can be increased to suit.
- Alternatively, the new owner may choose to add or change services provided from the unit.
- The new owner may well be from within this specialist sector and use the additional space to grow their existing market capabilities and capacity.

Benefits to the Purchaser

- A successful, established family business which has been trading for many years
- Their team have proven expertise in their sector and have many years of loyal service
- Well maintained freehold property.
- Excellent local reputation

Key Financial Information

Listing Price of £275,000 Two Hundred and Seventy-Five thousand pounds
Inclusive of Freehold

Average Annual Turnover

Circa £120,000 Based upon recent history

Competition / Market:

The company is a specialist family owned Engine Reconditioning business which has been established for many years. The business has an excellent reputation, a knowledgeable team, specialist equipment and processes which have ensured the business has prospered for many years.
The business thrives on the reputation it has gained over many years. It has always benefited from repeat customers and a significant amount of referral business

The experienced team delivers expert advice based upon years of experience. Their expertise and knowledge base can help you find the solution to any technical problem you may have with your vehicle.
The wide range of competitively priced services, the expertise which ensure excellent customer service ensure that they have developed into the preferred choice for many commercial and domestic customers.

Typical Services
Engine Remanufacturing services
Engine Machining, Crankshaft re-grinding, engine boring, cylinder head re-facing, pressure testing and final engine assembly.
A wide range of specialist services bespoke to suit the requirements of your vehicle’s engine
General machining
Supply of specialist parts
Changing of cylinder head gasket or change of cylinder head.
Many more.

Executive Summary
Since its foundation the company has established itself as a friendly and professional provider of high-quality products and services, priding itself on always providing a consistent high level of customer service.
The company has established a significant domestic and trade customer base within the region and have consistently benefitted from high levels of repeat and referral custom.
Having developed the business over many years, the current owners are offering the business including the freehold property for sale as part of their retirement plans.

Post Completion – Handover and Training

As part of the sale price the existing owners will develop with the new owner a mutually agreeable handover and training plan to ensure the continuous smooth running of the business.
Customers

The business provides a comprehensive service to domestic and trade customers based across the Midlands

The customer service and reputation ensure that the business benefits from a continual stream of repeat and referral business. The level of service and reliability has ensured that it has maintained customer relationships since it’s early beginnings

Reasons for selling:

Family Business - Founder Father

Trading hours:

The business opening hours are Monday to Thursday 7:30am to 4pm

Employees:
1
Years established:
1984

Contact Information

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