Mechanical Garage Lh Oxfordshire | | Undisclosed Oxfordshire | | OXFORDSHIRE MECHANICAL GARAGE -Est 15 yrs Located in industrial estate in affluent area 80% of sales from retail c/m 20% trade Fully equipped A/T: £201,700 GP: £105,000 L/H: £129,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 45358
ADVERT IMPRESSIONS : 32,593 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £129000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The garage is ideally located in the centre of a large industrial estate in an affluent market town of Oxfordshire. The garage has its own secure gated car park which can fit approximately 12 cars with additional 6 spaces in front of the premises.
Nearby towns include Woodstock, Witney, Burford and Kidlington.
The area is best accessed by the A40 which gives excellent access to the M40 motorway.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable mechanical garage business.
Founded over 15 years ago by the two vendors, the business is only now being reluctantly offered for sale as the partnership is being dissolved.
The garage services and repairs any car make or model but does have particular expertise with Vauxhall and performance cars. Hourly rates charged are vastly below those charged by the main local dealerships.
Retail customers account for approximately 80% of sales with the balance from trade accounts. MOT’s are sub contracted.
The garage is fully equipped for purpose and includes:
• 3 scissor ramps
• Lathe
• Mill
• 20t press
• Plasma cutter
• Tig welder
• Oxi cutter/welder
• Gas analyser
• Pillar drill
• Compressor
• Engine crane
• 2 trolley jacks
• Air con machine
• Degreaser
• Vauxhall full diagnostic system
• Various hand tools
The two vendors work alone in the garage with a self employed book keeper who works 1 day a week. In the year to March 2009 they achieve annual sales of £201,746 with a gross profit of £105,069 and with only minimal advertising.
The vendors are quite prepared to work with a new owner to ensure a smooth transition and to effect the necessary customer introductions.
We are advised that stock at cost is approximately £17,000.
REF: 9528OX
TRADING HOURS
Mon-Fri: 8am – 5.30pm
Sat: 8am – 12.30pm
EXPANSION POTENTIAL
This is clearly already a successful garage, it does still however, offer good scope to increase both sales and profits by:
1. Having a MOT facility, these can be leased from approx £500 per month and would bring in additional sales not just from the MOT itself but from any remedial work
2. Extend into the next door unit which has recently become available to let
3. Have additional products available such as tyres and exhausts
4. Employ another mechanic – the existing premises has sufficient space
5. Advertise, as only minimal is currently carried out
6. Improve the business web site
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £201,746
Gross Profit: £105,069
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
End terraced premises with large mezzanine floor and extensive rear car park and briefly comprising:
Ground Floor
• Entry into reception area with waiting chairs
• Back counter and till
• Stores on display
• Kitchen area
• w/c
• fully equipped workshop with side exit
• main garage workshop with full height roller shutter door at either end and with 2 side fire exits
First Floor
• mezzanine area accessed via spiral staircase with accounts office and 2 parts stores
External
• Rear secure car park with approx 12 spaces
• Container storage
• Circa 6 car spaces to the front of premises
The building has the added advantage of having a Red Care alarm system.
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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). | | | | | | FOR SALE | | | | | REFERENCE: | 9528OX / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
