Old Established And Profitable Motor Factors Business | | Undisclosed Surrey | | Excellent main road trading position, occupying large corner frontage to main road, SURREY | | ADVERT NUMBER : 47053
ADVERT IMPRESSIONS : 13,285 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Motor Related | | SALE: | Agent Sale | LEASEHOLD: | £60000 | | | | | BUSINESS DETAILS: | Features : Please note these details are supplied in confidence. Please do not make any approach to the business and kindly telephone Nationwide Businesses Ltd. who will be pleased to make the necessary appointment.
IMPRESSIVE & SPACIOUS DOUBLE FRONTED PREMISES providing approx. 2,000 sq. ft. sales area with concrete floor, fluorescent lighting, metal racking. The business is operated using the MAM Autopart computer system utilizing state of the art Autocat plus online cataloguing and car registration lookup.
Office
Staff ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Location : Excellent main road trading position, occupying large corner frontage to main road, SURREY
Opening Hours : Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening 9 a.m. - 1 p.m.
Turnover : WE ARE INFORMED the turnover averages £5,600 p.w. in our opinion offering tremendous potential for further increase. We understand the trade customers base includes a large number of independent garages and mobile mechanics. Many of the trade accounts are supplied via van delivery system. We are further advised that the sales year ending December, 2009 showed £268,689 with a gross profit of £120,963 i.e. 45.02% and an adjusted net profit of £55,321.
Tenure : We understand the premises are held on a secure renewable lease, the present lease expiring in January, 2011 at a rental of £19,250 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £8,610 p.a.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£40,000/£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Parking space for 2 vehicles
Staff : The business is at present operated by 1 of the directors on a full time basis with the assistance of 1 full time staff plus 1 full time driver. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
