Independent Volkswagen Audi Group Specialist Garage L/h £280,000 | | Undisclosed West Midlands | | WEST MIDLANDS HIGHLY PROFITABLE VOLKSWAGEN AUDI SPECIALIST GARAGE (including Seat & Skoda) Located in affluent town in industrial estate Highly equipped workshop, well established and respected strong margins and increased turnover A/T: £450,000 GP: 49% Ideal bolt on for larger business - L//H: £280,000 +SAV REF: 9602WV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48691
ADVERT IMPRESSIONS : 35,985 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £280000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | A superb, established and extremely profitable business located in an affluent area of the West Midlands and situated in a busy industrial estate with many complimentary
businesses close by. The business benefits from good access to the main road networks.
HISTORY
The business has been under same ownership for the last seven years and is extremely well known and respected business throughout the UK and surrounding areas.
REASON FOR SALE
Vendors retirement intentions.
PRODUCTS & SERVICES
This exceptional business specialises in the repair, servicing and MOTs of VAG
(Volkswagen Audi Group) including Seat and Skoda cars, along with all other makes
and models It also deals with high specification performance tuning and diagnostics.
CUSTOMERS
The majority of customers are predominantly from the immediate and surrounding areas.
SUPPLIERS
Being a VAG specialist the business ensures that all parts used are genuine
STAFF
The business is staffed by technicians and office staff which accounted for a £81,000
salary bill for 2008/09. The owners also work full time.
TRADING HOURS
Mon to Fri: 8am to 5.30pm
Sat: 9am to 1pm
FINANCIALS
Accounts for 2009/10 are predicted to show a turnover of approx £450,000, an
increase on the previous three years. Gross profit is expected to be in the region
of 49%, and an impressive ANP (Adjusted Net Profit) in region of £139,000.
OVERHEADS
Staff £81,000 pa
Rent £15,000pa
Rates & Ins £9,773pa
Light & Heat £2,255pa
PREMISES
A purpose built unit complete with five bays (four ramps), office, reception and
parking, extremely well fitted and briefly comprising:
Highly equipped workshop approx
3,000sqft
Mezzanine used for stock and
storage
Office area
Reception area
Parking for up to twelve vehicles
to the front with secure fencing
Parking for spares and repairs to
the side for up to sixteen cars with
secure fencing
Full alarm system
Full CCTV
STRENGTHS
High profitability and margins
Ever-growing market
Excellent location
Security (Full secure fencing all round)
Strong margins and increased turnover
Extremely well established and respected
Superb trading premises
Little competition in the surrounding area
Impressive website
Extremely rare leasehold investment and acquisition
SCOPE
Ideal for a working partnership
Would lend itself as a bolt-on for a business in the same sector
Scope to introduce an MOT bay for in house MOTs
service parts from quality suppliers | | | | | | FOR SALE | | | | | REFERENCE: | 9602WV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
