Business Sales

Business Sales NEW INSTRUCTION

Project Garage

Paul Ellison and Chris Errington of KRE Corporate Recovery Limited are engaged to seek bids for the business and assets of a long-established car garage business based in the South East of England. The transaction will be via a pre-packaged Administration sale.

Location: South East, UK

Offers Invited: By 5:00pm on Friday 8th August 2025

KRE

BUSINESS OVERVIEW

  • Offers a full range of vehicle mechanical services including repairs, servicing, MOTs, body repairs on both petrol and electric/hybrid vehicles.
  • Well respected in  their field of operation.
  • Owns a small amount of stock and equipment - the majority of the equipment used in the garage is owned by an associated company.
  • Trades from leasehold premises and the unit is shared with an associated company.
  • 2 full time members of staff, plus the 2 directors.
  • Use of the premises as a vehicle repair and maintenance centre is personal to the company and cannot be transferred without a new planning application.
  • Turnover of c.£705,000 and c.£633,000 for 2023 and 2024 respectively - please note that the 2024 amount is a draft figure.
NON-DISCLOSURE AGREEMENT

If you would like more information about this company and to register your interest please complete and sign the attached non-disclosure agreement and return it to BusinessSalesNDA@lsh.co.uk and JHills@lsh.co.uk.
IMPORTANT

This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.

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