Fh Profitable Garage & Vehicle Sales | | Undisclosed Kent | | KENT FREEHOLD PROFITABLE GARAGE WITH GP: £120,000 PA Village location in large residential area Est 1972 - 60% of t/o from servicing, repairs, maintenance & MOT preparation 40% from vehicle sales A/T: £385,200 GP: £120,400 Scope for in house bodywork & tyre sales & fitting & advertising F/H: £399,950 +SAV REF: 9545ME | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 46144
ADVERT IMPRESSIONS : 55,806 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £399,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
This successful garage operates from traditional premises in a village location close to Faversham, in Kent. The freehold unit comprises a small forecourt, workshop, offices and sales plot to the rear. There is a fish and chip shop next door along with a separately owned MOT station. In addition, there are a range of residential dwellings in the immediate vicinity. There is ample free road side parking.
Faversham is medium sized market town sited on the north Kentish coast, less than 50 miles to the east of London. Historically associated with the maritime industry, the town is now an important commuter hub, as well as being a vital commercial centre in its own right. The M2 motorway, running from the capital to the Channel Ports, passes close to the town, with access at Junctions 6 and 7. Dover lies just 20 miles or so to the South East. Rail links are excellent, and there is direct motorway access to Gatwick and Heathrow airport via the M25 Orbital.
Kent is a prosperous coastal county, benefiting from an excellent communications infrastructure, supporting important channel links to European markets. The area is also home to a large number of City of London workers offering significant commercial opportunities to local businesses.
THE BUSINESS
Advent Business Sales are delighted to offer this established and profitable garage to the market.
The Company was founded in 1972 by the vendors father. It is now being sold as the directors wish to retire.
The garage offers a range of traditional workshop facilities to a diverse, mainly private, customer base.
Around 60% of the business is generated from servicing, repairs, maintenance and MOT preparation work for private and light commercial vehicles. The remainder of the company turnover is produced from vehicle sales, where the business is well known locally for stocking a reliable inventory costing up to £3,000.
Much of the work is undertaken in house, but jobs such as bodywork and tyres are outsourced. From a customer perspective, the garage is a one stop shop.
The business is currently run by the two directors, assisted by two fully trained mechanics working on a full time basis.
The workshop is fully equipped, and included within the sale are:
2 x 2 post lifts
A hoist,
Engine crane,
Diagnostic equipment
An extensive range of sundry tools.
The business also has a fully functioning website, which acts as a showcase for vehicle sales, but could easily be extended to attract additional customers.
We are advised that the stock holding is usually around £30,000 and the vendors would be happy to assist the new buyer with a handover period should this be required.
REF: 9545ME
TRADING HOURS
Mon Fri: 8.00am 6.00pm
Sat: 9.00am 5.00pm
EXPANSION POTENTIAL
Website development
Bodywork
Tyres
Advertising and marketing
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £385,263
Gross Profit: £120,495
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 freehold garage building with alarm, comprising front forecourt with capacity for 3 cars, a rear forecourt with capacity for an additional 16 vehicles, workshop, reception area and mezzanine office area.
Ground Floor
Workshop with 2 ramps
WC
Shuttered to front and rear
First Floor
Office 1
Office 2
External
Front forecourt with 3 vehicle capacity
Rear forecourt with 16 vehicle capacity
TENURE: Freehold
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: | 9545ME / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
