- Business ID:3057
- Price: £795,000+SAV
- Annual Turnover: £645,320
- Business Category: Motor Trade
- Location: Greater Manchester
- Tenure: Freehold
- Living Accommodation: No
- EPC Rating: Awaiting Cert
Sovereign is delighted to market this premier independent car body repair specialist located in Greater Manchester. Renowned across Manchester and Cheshire, this business is celebrated for its exceptional craftsmanship, quick turnaround times, and proficiency in a wide range of vehicle bodywork recovery and repairs.
The business has been a cornerstone in the community for over 30 years, employing six full-time staff members. Known for its meticulous attention to detail and high-quality work, the business has secured a loyal customer base that spans domestic, dealership, and trade markets. It offers services that cater to end-of-lease, general upkeep, and preparation for sale, maintaining a balanced customer split of 50% domestic and 50% commercial.
In 2024, the business reported an impressive net turnover of £645,320 with a gross profit margin of £276,596, up from the previous year’s turnover of £634,796 and gross profit of £212,354. This profitable venture holds significant potential for increased profitability, with full financial details available upon signing an NDA.
Operating from a purpose built spacious 6,000 sq ft premises, the business includes a private car park—a valuable asset in this area where parking is limited. The facility is fully equipped to meet the demands of high-end automotive repair, featuring a large paint booth baking oven room and a dedicated, ventilated paint mixing room for precise colour preparation.
This sale offers a genuine transition of ownership, including both the business and property (999-year leasehold), as the owner plans to retire after a long and successful career. We are advised that the property is worth in the region of £500,000, with the remaining balance made up of the goodwill and fixtures and fittings, making this an ideal proposition should you require bank funding.
The seller seeks a dedicated individual or team passionate about the sector to continue the business’s growth and maintain its excellent reputation. This is a unique opportunity to inherit and build upon a legacy of excellence in car body repair.
- Turnover £645,320, adjusted net profit after directors’ deductions exceeds £153k
- Serving manufacturers, UK leading insurance companies, accident management companies and dealerships
- Established for over 30 years
- Genuine retirement sale
- Impressive, well equipped, state of the art workshops
- Good reputation for its excellent quality of workmanship and outstanding customer service
ENQUIRE ABOUT THIS BUSINESS
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