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Electric Motor Rewind Specialist - Smethwick For Sale

Smethwick, West Midlands, UK
Asking Price:
£39,950
Sales Revenue:
Available on request
Cash Flow:
Available on request

Prominent Trading Position
Further Financial Info Available After Viewing
Established 1964
Ill Health Sale
Starter Motors and Alternators Supplies
Expert Repairers of AC & DC Motors
Expert Repairers of Forklift Motors
ISO Certification
Large Customer Base
Exceptional Reputation
Excellent Online Reviews
Scope To Expand Opening Hours
Potential To Reintroduce Sales
EPC - D

REF 7847 – Electric Motor Rewind Specialist & Mechanical Repairs

Blacks Brokers are pleased to bring to the market this electric motor specialist located in Smethwick, West Midlands.

INTRODUCTION

Bonnell Industries was established by our client in this bustling industrial area of Smethwick in 1964. The business offers a wide range of rewind and repair services for a many types and makes of motors, gearboxes, pumps, fans, lift motor repairs, brake and sheave repairs, metal spraying and so on, and due to this unrivalled versatility, many customers have been able to streamline their repair procedures and have all work completed by Bonnell Industries. The business is very well known in this sector and has a strong base of regular customers in place with much trade generated by word of mouth recommendations. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Bonnell Industries has a comprehensive website in place. The business will need to be relocated upon completion of a sale.

LOCATION

Bonnell Industries occupies a prominent trading position in an industrial area. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples. There are also a number of amenities nearby including schools, supermarkets and a hospital. The business is just two miles from Winson Green and also West Bromwich Albion Football ground. The area is well linked by the M5 with very strong public transport links and parking is available immediately outside the property. A new owner would benefit from relocating the business within the same area to maintain the customer base.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business operates with two members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Bonnell Industries has traded solidly since opening and our client has established a strong repeat customer base. Full financial information is available upon request.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This long established business occupies an enviable trading position in a sought after area of Birmingham. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with a strong marketing drive and reintroduction of sales in addition to service. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - FRI: 08:30 - 16:00

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