Description
Very Well-Known, Independent Engine Reconditioning Company Business
- North Yorkshire
Alan J Picken are delighted to offer this very well-known, independent engine reconditioning company business onto the market.
The business is based in North Yorkshire, it’s the region’s leading and longest-standing independent engine reconditioning company.
It has been repairing, restoring and rebuilding engines since 1955. They’re trusted by motor trade, businesses, farmers and private customers from across the county and beyond, and pride themselves on delivering a high quality, responsive and value for money service. All work is completed to the highest standards and comes backed up by a 12-month guarantee.
Considering its renowned reputation, the business has established an excellent reputation and has maintained an extremely loyal clientele over the years.
Takings £441,844 on March 2023 accounts.
Gross Profit circa 63%.
Adjusted Net Profit in excess of £100,000.
After many happy and successful years, our clients now wishes to take life a little easier and retire, and we suspect with a slight tinge of reluctance now offers this quality business onto the market, which we trust will prove a resoundingly successful acquisition especially for a dedicated enthusiastic working proprietor to take this business to the next level and to exploit the full potential and derive maximum profits or may prove ideal as a ‘Bolt on’ to an existing business.
Our clients assure us that they will give ever assistance to ensure a smooth transition.
Business opportunities of this calibre are the exception hence we strongly recommend early inspection for even the most discerning purchasers to avoid disappointment.
Business £99,500 + SAV
Leasehold.
North Yorkshire.
Ref. W10539
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