Great Business Opportunity Mot Repair And Servicing Garage | | Undisclosed Berkshire | | EXTREMELY WELL LOCATED 8,500 SQ FT GARAGE OPEN 24 HOURS Located in the heart of a large commercial area in an affluent part of Berkshire Large spacious modern premises with parking for circa 24 vehicles Open 24/7 and is close to the M4, M25 and M40 motorways Regularly receives recovery vehicles from the AA and RAC A/T: circa £1,000,000 GP: £450,000 Adj. NP: £40,000 Scope to purchase a recovery truck to pick up broken down vehicles L/H: £215,000 + SAV REF: 9743 SL | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 51967
ADVERT IMPRESSIONS : 25,132 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | LEASEHOLD: | £50,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Low start rent,
Professionally fitted out premises,
Ideal position,
Mots, repairs and servicing,
Huge customer base,
Massive expansion
LOCATION
The garage is extremely well located in the heart of a large commercial area close to the M4 motorway in an affluent part of Berkshire.
There is ample parking for circa 24 vehicles in front of the premises and it may be possible to park a similar number inside the garage itself.
LOW START COSTS
THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this exceptional mechanical garage business with huge potential.
The garage has an excellent local reputation with many customers returning time and time again for servicing and MOT. They will repair and service any make or model of car and at rates which are very competitive when compared to those charged by the main dealerships.
The business completes all classes of MOT from one to seven with 3 of the current staff being fully qualified testers.
As the garage is open 24 hours a day and is close to the M4, M25 and M40 motorways, it receives many recovery vehicles from both the AA and RAC on a regular basis.
The vendors expect to achieve net annual sales of circa £500,000, with a gross profit of circa £220,000.
We are advised that stock at cost is approximately £3,000.
The vendor is quite prepared to work with a new owner to ensure a smooth transition and to effect the necessary staff introductions.
REASON FOR SALE
Founded over 14 years ago by the two vendors and occupying the present premises for over 5 years, the business is only now being reluctantly offered for sale as the vendors wish to concentrate on their many other business activities.
STAFF
The garage has 4 full time staff of which 2 are self employed and 3 are testers. Additionally, there is a self-employed motorbike MOT tester who works when required and a full time vendor.
TRADING HOURS
24 x 7
EXPANSION POTENTIAL
This is clearly a very successful business, although it still offers excellent potential to increase both sales and profits by:
1. Having its own web site
2. Having a recovery truck to pick up broken down vehicles
3. Employing more technicians
4. Doubling the current premises by installing a mezzanine floor.
5. Massive potential for commercial repairs
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £500,000
Gross Profit: £220,000
Adj. Net Profit: £35,000
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
Large spacious modern premises.
Front car park with space for circa 24 cars.
Full height roller shutter doors for entry into the workshop.
Side customer entrance into the reception area with customers w/c.
Stairs off to upper floor offices and storage area.
EQUIPMENT
The business is fully equipped for purpose and includes:
Commercial vehicle brake tester
Advanced checkwear play detector
2 x class 7 MOT packages
1 x class 1 and 2 MOT packages
2 x 5 tonne 2 post ramps
15m length prefabricated testing pit
1 x 3 tonne wheel alignment lift
1 x 13 tonne pneumatic pit jack
Compressors, full diagnostic equipment
Air con machine
TENURE: Leasehold
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: | 9743SL / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
