Superb Leasehold Service And Repair Garage | | Kidderminster Worcestershire | | SUPERB LEASEHOLD SERVICE AND REPAIR GARAGE - WORCESTERSHIRE Ideal trading location on well maintained estate in Kidderminster Solid trading history for the last 30 years by current owner | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 47908
ADVERT IMPRESSIONS : 20,793 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £40,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB LEASEHOLD SERVICE AND REPAIR GARAGE - WORCESTERSHIRE
Ideal trading location on well maintained estate in Kidderminster
Solid trading history for the last 30 years by current owner
Advised turnover £120,000 PA with high GP returns
Early interest and viewing is highly recommended
Excellent husband and wife partnership business
Sale price including fixtures and fittings
Ideal first garage opportunity
Genuine retirement sale
LEASEHOLD
Location
This truly superb leasehold service and repair garage has an ideal trading location close to the town of Kidderminster which is in Worcestershire. The garage trades from a well presented large industrial estate with a sizable array of neighbouring commercial and corporate style businesses. The garage benefits from having a large selection of neighbouring businesses, bringing visitors and workers to the estate on a daily basis. The town of Kidderminster also has a large selection of housing which also supplies the business with a consistent trade throughout the year. Kidderminster has always been a very desirable business and residential area due to its fine housing, good schools, NHS services, excellent central shopping facilities and easy access to Birmingham city centre. Kidderminster also benefits from being very easily accessed via the M5 motorway which is approximately 13 miles away from the garage making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional service and repair garage which has a proud history dating back to 1980 when our client first established the business. Our client is only now placing it onto the market due to his strong desire for retirement after 30 years of service. The business achieves a very respectable advised annual turnover of £120,000 which is derived from offering a consistent high level of vehicle service and repair work to a variety of customers throughout the year. Our client has worked exceptionally hard on the business' reputation for quality of service which has resulted in a very consistent trade year on year. The garage has built up a database which consists of approximately 600 records of past and existing clients who have visited the garage since its establishment. The business is very well presented throughout with quality fixtures and fittings and as our client is very generously including all working equipment into the sale price, this is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. Meridian Business Sales would like to urge very early interest in this opportunity as garages with a 30 year trading history simply do not appear on the market frequently. This is without question an ideal lifestyle change opportunity for an individual or a couple who are looking for an exceptionally well established business, situated in a very good trading position which offers guaranteed business with a large customer base.
Financial Profile
Turnover: £120,000pa / Gross profit: 35%
Stock approximately: £500
Tenure
Leasehold - Original length: 5 years
Remaining: 2 years
Rent: £6,500pa
Opening Hours
Monday to Friday: 8:00am - 5:00pm
Saturday: 8:00am - 1:00pm
Sunday: Closed
Accommodation
Well presented unit offering 6 front parking spaces, secure roller shutter entrance to open plan work and service area with equipment, briefly comprising:
Secure roller shutter door entrance and an additional secure door entrance leading to open plan garage work area with perimeter tool storage and work space, side building facility offering toilet with wash basin, drinks preparation area, office with window overlooking garage, seating 2-3 with desk, payment facilities and paperwork storage plus above office and toilet building storage space.
Equipment briefly comprises of: 1x 4 poster ramp, 1x 2 poster ramp, jacking beam, suspension spring comp plant, 20 ton hydraulic press, MIG welding plant, laser wheel alignment, halogen wheel alignment, coster & champer angle gauges, air compressor, thermobile konsclide workshop waste oil heater, extendable airline system, 3 phase electrical supply unit, 240 volt sockets and compressed air all round workshop, 3x 12 volt inspection lamp transformer sockets, exhaust gas extraction system, fire extinguishers, waste oil extraction unit, crypton diagnostic machine, engine support beam crane, oxygen and propane cutting equipment, parts washer bench, various hand tools, fully equipped trading business
External
Large front allocated parking spaces for 6 vehicles
Addition shared parking available if needed.
| | | | | | FOR SALE | | | | | REFERENCE: | 2315 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
