For Sale
Reputable Machinery Repair Business For Sale
Wigan, Lancashire
- Asking Price: £89,995 +SAV
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Turnover:
We are advised the business genereated a turnover of circa £290,000 as of 2019, further financial information can be made available upon request.
Please quote reference B06240
- Tenure: Leasehold
Please quote reference B06240
CoGoGo welcomes to the market an exciting opportunity to acquire an exceptionally well run and performing, “turnkey” track and undercarriage repair and supply business with an excellent reputation.
The business has only now come to the open market as it is our clients desire to take a well desired retirement
Dave Jones Plant has been under the careful ownership of our client for many years and has grown the business to an impressive level with many happy and loyal returning clients.
The business benefits from having our client and one part time team member in place who is reliable and takes an immense amount of pride in their workmanship helping to ensure a high level of service and workmanship to existing and potential clients.
As well as an ongoing steady order book, we feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking a robust localised marketing campaign to generate new work along with the possible expansion of the workforce to help accommodate new and ongoing contracts. There is also scope to create a website to help further promote the business as well.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
A tremendous opportunity to own this turnkey business, and early enquiries are highly recommended to avoid disappointment.
The business is owner ran and managed with the help of 1 part time staff member.
The business trading hours are as followed:
Monday to Friday 07:00am - 18:00pm
Saturday - 07:00am - 12pm
Sunday - Closed
The business is located within the popular town of Wigan and is well serviced in terms of road networks to a host of other major towns.
Although within the trade of the business our client is on the move regularly and tends to work where required for the repair.
Full lock up yard with security guard approx. 40 x 40 meters.
Plenty of space for parking.
Tenure
We are advised the business is being sold on a Leasehold basis with 4 years remaining on the Lease, rent is £500 per month.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
