Versatile Unopposed Garage With Potential | | Undisclosed Gloucestershire | | GLOUCESTERSHIRE VERSATILE UNOPPOSED GARAGE WITH POTENTIAL Located in large industrial estate Excellent reputation & c/m base A/T: £125,700 GP: £42,800 Huge scope to expand include advertising & employing staff L/H: £40,000 + SAV REF: 9507GL | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48549
ADVERT IMPRESSIONS : 25,852 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £40,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The garage has an excellent unopposed location in the centre of a large industrial estate situated in Gloucestershire.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and busy mechanical garage.
Founded over seventeen years ago by the present vendor, the business is only now being reluctantly offered for sale due to
ill health.
As well as servicing and repairs, the garage also changes tyres, exhausts, brakes and batteries. It also carries out wheel balancing and tracking and sells small accessories.
The hourly charge out rate is well below that charged by the main dealerships.
The garage has an excellent local reputation with many word of mouth referrals from satisfied loyal customers.
The garage is fully equipped for purpose and includes:
1 x 4 poster ramp
1 x 2 poster ramp
Tyre changer
Tyre balancer
Compressor
The vendor currently works alone but can call upon assistance on an as and when required basis.
We are advised that stock at cost is approximately £5,000.
REF: 9607GL
TRADING HOURS
Mon to Fri: 8.30am 5.30pm
Sat: 8.30am 12.30pm
EXPANSION POTENTIAL
Our client already runs a successful garage, it does however, still offer excellent scope to increase both sales and profits by:
1. Increasing the low hourly charge out rate
2. The business should have its own web site so prospective customers can view the services on offer
3. Have another mechanic the business has sufficient work to employ another member of staff
4. The business should advertise more to take advantage of its dominant local position
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £125,788
Gross Profit: £42,854
Adj. Net Profit: £27,488
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
Mid terraced lock up premises which briefly comprise:
Ground Floor
Full height side roller shutter door for easy access into the workshop
Side entry door into the office with rear counter and computer
Rear door into small corridor with side w/c
Workshop with side racking for tyre stores
Under stairs kitchen area
First floor office
Both ramps at rear of workshop
The premises benefit from being alarmed and has parking for approximately 6 vehicles in front of the unit.
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: | 9607GL / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
