Popular Vehicle Bodyshop in Lymington

Lymington, Hampshire
REF: 05205

Asking Price:
£49,000
Annual Turnover:
£50,000
Annual Net Profit:
£20,000
REF: 05205

Overview

Tenure:
Leasehold
Established:
2007
  • Loyal customer base
  • No competition
  • Owner willing to stay for 6 months
  • High annual turnover
  • Potential for growth

Since its establishment in 2007, this business has earned a reputation amongst the locals for their range of vehicle repair solutions and paint and bodywork solutions.

This is a multifunctional vehicle body shop which provides a variety of services, such as bodywork repair, paintwork restoration, mechanical repairs including welding and fabrication and MOT work. The company have a solid reputation for its high standards of work and ability to effectively match paint colours. They have also earned favour from their customers for allowing payments to be made in instalments to cater for all budgets.

A new owner is presented with a well-built business which promises to perform and offers potential for growth.

Dealing with a varied range of vehicles including the niche category of classic cars, the company is able to lure customers from more distant areas.

The business functions from a building in which the ground floor is dominated by an open-plan garage and the second storey consists of office space.

The company trades consistently all year round and has grown entirely through word of mouth.

Established in 2007, the company has progressed year on year to achieve a high annual turnover of £500,000.

A new owner looking to develop the business further is presented with a number of growth possibilities. Introducing a tow service at an extra cost would allow the company to appeal to a larger customer base while opening up a new stream of revenue.

The company has grown thus far without any advertising or marketing, it relies solely on its loyal customers who consistently return for repeat business due to their satisfaction with the company’s service and quality. Increasing exposure by employing a marketing strategy, introducing a professional website and being active on social media channels would enable the business to successfully reach a wider customer base.

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  • Town location
  • Industrial estate
  • Minimal competition
  • Quiet area
  • Residential area
Rent
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EPC
C 51-75

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