Service & Repairs Garage L/h £150,000 Buckinghamshire | | Undisclosed West Midlands | | BUCKINGHAMSHIRE SERVICE & REPAIRS GARAGE -Est 21 yrs All makes & models specialist in Audi, VW Fully equipped -excellent reputation A/T: £410,100 GP: £228,400 Scope for owner worker to reduce wage bill/ applying for MOT bay/car sales L/H: £150,000+SAV REF: 9328HP | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 35748
ADVERT IMPRESSIONS : 40,739 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £150000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The garage is ideally located in the centre of a large industrial estate which has over 5,000 workers on site, many of whom will have cars in which they specialise.
Nearby towns include High Wycombe, Slough, Amersham, Marlow and Beaconsfield.
Access to the area is via the M40 motorway which gives excellent links via the A40 to London.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and popular mechanical garage.
Founded by our client over 21 years ago, the business is only now being reluctantly offered for sale as he wishes to retire.
The garage will repair or service any make or model of car but does specialise in Audi, VW, Seat and Skoda.
The business has an excellent local reputation for quality work at reasonable rates which are considerably below those charged by the main dealers.
Customers are drawn primarily from the local area, helped in part, by dealership for each make in which it specialises being in excess of 10 miles away. The business also has a database of over 2400 past and present clients.
New clients come by personal recommendation or are attracted by advertising which consists of roundabout sponsorships and by bill board posters. Customers are almost 100% retail.
Our client staffs the garage with 4 full time technicians and 1 part timer in the office.
In the last financial year to March 2008 they achieved annual sales of £410,186 with a gross profit of £228,493.
The business is offered as a fully equipped garage which includes:
• 5 x 2 poster ramps
• Diagnostic equipment – 2 sets
• Tyre fitting machine
• Air conditioning equipment
• Compressor
• Exhaust extractor
• Battery charger
• Engine hoist
A full list will be given to potential buyers
We are advised that stock at cost is approx £10,000 and the business owns 4 courtesy cars worth £12,000.
REF: 9328HP
TRADING HOURS
Mon-Fri: 8.00am – 6.00pm
Sat: 8.300am –1.00pm
EXPANSION POTENTIAL
Although already a successful garage, the business still offers excellent scope to increase both turnover and profits by:
1. Having an owner working directly on the tools to save on a technicians wage or would increase sales
2. Applying for an MOT bay
3. Working on commercial vehicles as well as cars
4. Offering car sales
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £410,186
Gross Profit: £228,493
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Excellent modern premises with double-glazing, alarm and CCTV system and briefly consisting of:
Ground Floor
• Entry from our car park via full height roller shutter door into the work shop area with 5 off 2 poster ramps in situe
• Inside parking for up to 15 cars
• Reception office
• W/C’s
• Rear stores
First Floor
• Office
• Side stores
• Kitchen area
External
• Own large car park for up to 30 vehicles
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 9 years
Review every: 5 years
Rent: £28,000
We are advised that the annual business rates are currently: £9,700 | | | | | | FOR SALE | | | | | REFERENCE: | 9328HP / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
