HGV Inspections Servicing and Maintenance
Birmingham, West Midlands
- Asking Price: £550,000 +SAV
Turnover available upon request.
- Tenure: Freehold
Hilton Smythe welcomes to the market K A Commercial Repairs. The business was originally established over 30 years ago, by our client. The owner is now looking to sell the business, due to the desire to take a well-deserved retirement.
The business specialises in HGV inspections, servicing and maintenance. They focus mostly on services and repairs for light commercial vehicles. Revenue is also generated from HGV inspections, carried out every 6 weeks, as a legal requirement. This type of work is very consistent with a lot of repeat custom from big local companies. Most of the safety checks are for minibuses, trucks and light lorries.
The garage generates a healthy turnover; however, we feel this can be increased. The business thrives off word of mouth recommendations and repeat trade. There is no advertising in place. With a marketing and advertising campaign the business could see a large increase in custom.
The business has some contracts in place, this should be something the purchaser considers expanding. Having contracts with large local companies could benefit the garage with more repeat loyal trade.
Included in the sale is full diagnostic equipment, suitable for many different types of vehicles. The equipment is valued at approximately £25,000.
Attached to the premises is a unit, this is also included in the sale. However, this unit is currently let out to a gearbox company for £367 per week. This is a great extra income, although there is the option for the purchaser to use this space for themselves if required.
This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
The business is run and managed by our clients, with the help of three employees and one self-employed members of staff.
The business opening hours: -
Monday - Friday: 8am – 6pm
Saturday: 8am – 1pm
K A Commercial Repairs is located in Birmingham, West Midlands.
The business is set on a large industrial estate. This is a substantial sized estate with a generous amount of complementary businesses; from which the garage derives much of its trade. Close by there is a car sales, tarmac company, gym, truck store, trade stores, catering companies and much more.
The garage is situated in Garretts Green, a town just a short 25-minute drive away from Birmingham city centre. Birmingham is a major city and metropolitan borough in the West Midlands. It is the largest and most popular British city outside London. The city has a population of 1,101,360 as of the 2014 census.
The estate on which the business is located is just off an arterial road in the town. This road runs directly into the centre of Birmingham and also links to the M6 motorway. This is an excellent location for heavy footfall and passing trade. The area also benefits from great public transport. The closest train station is a short 10-minute drive away and there are bus stops a short walk away.
K A Commercial Repairs boasts a substantial sized property on a large site. This is a single storey property with offices, a workshop and a reception. The property is well-signed and comes with a great sized car park.
The premises briefly comprises: -
Offices to the right-hand side with a reception area. The large office is split into two with a divider. The offices lead off into a storage room/further offices.
They have a lock up box full of the diagnostics equipment to a value of £25,000.
There is a shower room for the employees plus a kitchen and WC's.
The garage is a vast space, with an endless list of equipment and tools. In the garage, there is a staff room for the employees.
Equipment included in the sale includes: -
8.0 ton ramp
3.5 ton 2 poster ramp
3 ton 4 poster ramp
Outdoor 2 poster ramp
A heavy duty 4 poster ramp for heavy vehicles
To the side of the property is a separate unit, this is rented out to a gearbox company.
Over the last few years, the property has received a new roof.
We are advised the business is being sold as a Freehold opportunity.