Mechanical Repairs Garage Gloucestershire | | Undisclosed Gloucestershire | | GLOUCESTERSHIRE MECHANICAL REPAIRS GARAGE -Est 5 yrs Service & repairs at very competitve prices All retail customers - Low rates and rents A/T: £127,300 NP: £48,500 Huge Scope available L/H; £59,950 +SAV REF: 9471GL | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43549
ADVERT IMPRESSIONS : 28,211 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £59,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The garage is very well located as it is situated on a farm estate with a rural outlook in Gloucestershire.
Nearby towns include Stroud and Circencester.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this popular and profitable mechanical garage.
Founded by the vendor 5 years ago, the business is only now being reluctantly offered for sale as he is planning to move away from the area with his family to Devon.
The business has an excellent local reputation with all new customers coming via word of mouth and referrals.
The garage services and repairs any car make or model at rates vastly below those charged by the main dealers, MOTs are sub contracted and all customers are retail with no accounts.
The vendor works alone in the garage and in the year to March 2009 achieved annual sales of £127,316 with a net profit of £48,836.
The garage is fully equipped for purpose including:
• 3 x 2 poster ramps
• Tyre changer
• Tyre balancer
• Tool cabinet
• Compressor
• Oil heater
We are advised that stock at cost is circa £1,500.
REF: 9471GL
TRADING HOURS
Mon-Fri: 8am – 5.30pm
EXPANSION POTENTIAL
This is clearly a successful garage, it does however, still offer excellent scope to increase both sales and profits in the near future by:
1. Employing another mechanic as there is sufficient work to keep one occupied
2. Take on trade work as work of this nature is turned away on a regular basis
3. Increase the hourly charge out rate which is less than half that charged by the main dealers
4. Have a website as many future customers use the web to search for potential garages.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £127,316
Net Profit: £48,500
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
A sizeable converted steel framed farm building briefly comprising of:
Ground Floor
• Twin steel opening doors into the workshop with the 3 off 2 poster ramps arranged around the centre
• Side office
• Communal w/c
• Approx 12 cars can be parked inside overnight
• Space for circa 10 cars outside
• The premises have the added advantage of being alarmed
TENURE: Monthly licence
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9471GL / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
