BUSINESS REF 2691 AUTOMOTIVE GEARBOX and TRANSMISSION SPECIALIST
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Business for sale REF: 2691 Project LEVER
Automotive Gearbox Specialist – Profitable Limited Company (including valuable freehold workshop premises) Location: Hampshire Turnover: £277,294 Pre-tax Net Profit: £88,737 Sellers Discretionary Earnings: £125,737 This is the proposed sale of a successful business which provides manual and automatic gearbox and axle and overdrive remanufacture, repair and servicing to both retail and trade customers. Established since the late 1990’s, the business is still run by the founding owner and his wife. Currently, the owner provides the hands-on technical and engineering skills and his wife provides front of house services, admin, finance, enquiries and booking work in. The business has a far greater capability of work than the current rate. The owners have chosen a short working week (Mon-Thu), and not to employ staff, so are naturally limited in their workload and turnover. Nonetheless the business is very profitable, with some work turned away simply due to demand. It is felt that in new ownership, with perhaps two capable technical staff, the sales and profits could be considerably improved almost immediately There is ample workshop space to enable this. Assets/Stock The sale will include all equipment necessary to continue trade (other than personal handtools) including two vehicle ramps, Transit van, cleaning machines, old units, specialist tools. Everything is owned outright and regularly serviced or replaced when necessary. Reason for sale The sellers anticipate a comprehensive handover period, after which they will be pursuing an active retirement. For full details please complete and return the form on the right, or download, complete and return the NDA below.
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