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Established Garage & Workshop in Bury, Greater Manchester Seeks New Ownership

Bury, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    30/01/23

  • Advert ID

    507383

  • Leasehold: Price on Application (Stock at valuation)
  • Turnover: On request
  • Net Profit: Not Applicable

Key Features

  • Accounts Available
  • Attractive Business
  • Offers Invited
  • Adjacent to Multiple Retailers
  • Established Business
  • Fully Fitted
  • Town Centre location
  • With Car Park
  • Company for Sale
  • Close to Local Amenities

Business Details

Garage & Workshop for sale in Bury, Greater Manchester

An independent professional garage that has been established for over 20 years under its present owners, although the site has been operated as a workshop and garage for many years prior to 1990. It is very well known and respected in the area, seeing a high return of repeat business.

The business reports a healthy turnover of £960,000 with gross profit at around 45%, with potential to increase as the day to day running of the garage includes servicing of all vehicles, a fully functioning MOT station, tyre fitting and parts for all vehicles.

The unit is spacious with over 6,000 sq. ft. of floor space and is fully equipped to suit the trade, with a large forecourt and ample parking for up to 15 to 20 vehicles.

The business has a very informative website, which a new owner may wish to embark on a marketing campaign of its own, to target further new business.

We highly recommend early viewing of this reputable and long established business opportunity.

Location. 
The Company operates from a fully fitted unit within walking distance of the market town centre of Bury, Lancashire.

The business sits just off the busy commuter A58 and is just a short distance from the M62 and national motorway network beyond. The area is served by the Metro and regular network of bus services.

Premises. 
Large industrial unit used as a mechanical workshop. Within the building are toilet facilities and kitchenette area. There is also a reception and waiting room at the front of the building, together with the main access to the workshop.

The whole workshop is designed for multi vehicle servicing, with three inspection pits.

Equipment includes: -

Three x Car Lifts.

1 or two Diagnostic Machines.

I tyre changer and wheel balancing machine.

1 Gas Charger for re charging of Air Conditioning Systems.


A wide range of parts and other equipment are included, including computers and mechanical software.

The premises are secure with up to four large roller shutters doors, is fully alarmed and monitored with CCTV.

Tenure.


We are advised the property is available either Freehold or Leasehold, depending on availability.

Hours.


The business hours of opening are at present: -

Monday to Friday 8.00am – 5.30pm.


Saturday 8.00am – 2.00pm.

Sunday closed.

Staff: -


The business is managed and have up to nine staff members at present.



Financial Profile.


The business reports a healthy turnover of £960,000.00 with a gross profit at around 45%.

Offers in the region of £700,000 excluding Freehold.

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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