Summary
Established in 1992. If you have a passion for motor vehicles repair, Is this business for you. With a established client base stretching over 29 years ,generation a good income out of longstanding client base.
Give me more informationFully describe the business's activities?
How does the business operate on a daily basis?
What Advertising/Marketing is carried out?
What competition exists?
How could the profitability of the business be improved?
Profitability can also be improved by a dedicated marketing campaign.
Give a breakdown of staff/ functions/ length of service?
1 male Cleaner who comes in once a week to ensure the workshop is clean and tidy and has been with CV Repair Services for 6 years
1 Workshop Manager who ensures quotes are prepared correctly to ensure a proper GP is maintained, invoices are issued, payments are received correctly, stock is ordered, and equipment is maintained. The Workshop manager has been with CV Repairs since 2021.
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
What are the trading hours?
Friday 07H45 - 15H00
Saturday 08H00-12H00
What are the main assets of the business?
An asset register is available.
Strengths?
2. Close proximity to 2nd hand motor vehicle dealers.
3. Demographics of the area where CV Repair Services is located. People of the area tend to fix their vehicles and not replace it.
4. Sole supplier of a very specific brand name of high quality CV joints.
5. Quality workmanship.
6. Only CV repair and suspension part fitment centre in the area.
7. Barriers for competition to enter the market are quite difficult
Weaknesses?
Opportunities?
Threats?
What is the reason for the sale?
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