Featured Brokers
CONFIDENTIAL SALE
FOR SALE
15/11/23
602649
483 / Rightbiz
This is a superb opportunity to acquire a reputable service and repair garage based in Tewkesbury, Gloucestershire. The business is available on a leasehold basis.
The garage is a family run business and offer a wide range of services relating to the motor industry, including general repair, tyre fitting, servicing, exhausts, batteries, and brake fitting. The business doesn't operate its own MOT ‘s as they outsource them, but any new owner may look to do this if they wish. The current owner works alongside 2 other full-time mechanics, and there are also 2 part-time admin/delivery staff members employed too.
The business has an excellent reputation within the local area for competitive pricing, quality of workmanship and reliability of service, which has resulted in a vast amount of repeat and recommended custom over a sustained period. The business has been established since 2013 and became a Limited company in 2018.
The business also benefits from its high-quality commercial premises, which has been renovated to a high standard and has an asset value which comfortably exceeds £80,000. The premises can boast 3 fully functioning car ramps, storage space, reception and waiting area, and parking for four vehicles directly Infront of the unit, although the business next door allows customers to use their parking bays so can accommodate up to 12 cars in total.
· Excellent Reputation in Industry and Local community.
· Long standing relationships with trade clients in the area
· High quality premises with parking
· Minimal competition in the area
· All assets included (£80,000-£90,000)
· Minimal overheads
· High Turnover - £293,713
· Excellent location
· Highly skilled staff
· Excellent transport links
· Huge Potential for further growth
It is with a heavy heart that the current owner is selling the business due to health reasons. Due to the impressive financial figures of the business and their excellent reputation, this represents an excellent opportunity for an entrepreneur in the motor trade or an existing garage who are looking for a lucrative acquisition.
Due to the huge potential of this business and the highly sought-after location, this business is already experiencing high volumes of enquires, so to avoid disappointment, please contact us for further information.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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