Bruce &Co.are delighted to announce the sale of Smart Tech Vehicle Solutions; a leasehold business which offers a comprehensive range of vehicle body repairs, along with smart dent removal and repair.
The business has run by the vendor, Mr Purdie, since 2013. Having built up a good client base with both private and commercial customers; the business benefits from high levels of repeat custom. As a result, the business profits from high levels of income, turning over an impressive £42,000 during its first 6 months of trading. Despite the business being extremely successful, Mr Purdie decided to bring it to the market to relocate to Melbourne, where he has been offered a new job with BMW.
Currently operating from Camps Industrial Estate inLivingston, the property is a typical commercial unit construction. The property sits in its own large plot and is straight to street; making it both prominent and accessible. The building benefits from a large workshop, paint booth and ramp. There is ample parking within the yard for several vehicles, with the garage holding 5 vehicles under cover. The premises also benefits from a customer reception area and waiting room and staff and customer toilets. Also included within the sale was a fully equipped Mercedes van; incorporating a tyre machine, compressor and spray booth for mobile alloy wheel refurbishment.
Once on the market, and following three viewings, the business was sold to Mr Jenkins – a first time buyer whose background is working within the motor industry. The business was acquired for £35,000, and sale completion took only three months. The key features which attracted Mr Jenkins to Smart Tech Vehicle Solutions were the location and the potential of the business. Mr Jenkins commented, “I am very happy at how smoothly the sale went. I had a very good service. I am now looking to expand the business, having bought a proper oven, and taking on an apprentice. I am also looking going into the sale side of things.”
The seller, Mr Purdie comments, “I was in constant contact with Julie Anne, Sales Negotiator at Bruce & Co., who was on the ball at all times. It was her patter that kept me going. I’m very happy that the deadline was achieved due to my departure date drawing in.”
Julie Anne from Bruce & Co. commented “I am very pleased that Smart Tech has found great new owners within six months of coming on the market. I wish Mr Purdie all the best for the future and every happiness in sunny Melbourne. I also wish Mr Jenkins every success in his new and exciting venture.”