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This long established automotive repair business is now for sale after 30 years ownership by the current owners. Sited in a busy commercial area with good accessibility from the main road and a well set out building for this type of business. They specialise in light to medium cars and commercial vehicles with a WOF issuing authority on site and run a comprehensive follow up reminder service for all their customers. They have a strong customer base built up over the last 30 years and have a good name in the automotive industry. The current owner is prepared to offer a comprehensive hand over package to the new owner to make the transition as seamless as possible making this an ideal business for someone to purchase and hit the ground running with all systems in place and a well-established customer base to provide you with consistent cash flow. A comprehensive business profile is available after signing of a confidentiality form.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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