Garage And Mot Station With Fuel Sales | | Undisclosed West Midlands | | BIRMINGHAM MECHANICAL GARAGE WITH MOT AND FUEL SALES Extremely well established garage trading for over 40 years High visibility location on busy arterial road Excellent base load turnover of circa £32,000 per annum from MOT's alone Loyal and regular customer base A/T: £361,043 L/H: £95,000 + SAV REF: 1027B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62784
ADVERT IMPRESSIONS : 47,508 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £95,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The garage has an excellent high visibility location
Very busy main arterial road
Densely populated suburb of Birmingham.
HISTORY
The garage was originally founded in 1970 and with the current vendor for over 27 years.
REASON FOR SALE
The business is only now being reluctantly offered for sale as the vendor wishes to take a well earned retirement
PRODUCTS & SERVICES
Class 1 and class 4 MOTs undertaken with an average of circa 16 per week completed
Servicing for most makes and models
Mechanical repairs
Tyre fitting
Used vehicles sales with approx 6 sold per calendar month
Unleaded and diesel fuel sales with circa 20,000 litres sold per month
CUSTOMERS
Mainly private individuals drawn from the immediate locality with the vast majority of customers being repeat business
Referrals from other satisfied customers
STAFF
One vendor works full time in the business and is assisted by 2 full time mechanics who are both MOT testers, a full time forecourt attendant and a part time labourer who works circa 30 hours per week
TRADING HOURS
Weekdays 7.30am to 6pm
Saturday 7.30am to 4pm
Sunday closed
FINANCIALS
2010 2009
Turnover circa £361,043 £382,219
Gross Profit circa £108,904 £109,894
Net Profit circa £14,809 £24,784
PREMISES
A spacious traditional garage facility which briefly comprises:
Petrol forecourt with 2 unleaded and 1 diesel pump and with forecourt office
Fully equipped MOT bay with working pit and customer viewing area
Tyre bay with tyre changer and balancer
Car sales and owners office with kitchen, 2 rear W/Cs, storeroom and second entry door to workshop
Car sales pitch with approx 12 cars on display
Compressor room
Workshop with 2 poster ramp
Large side car park which can hold approx 30 cars in total
The premises are protected by a Red Care alarm system
STRENGTHS
An extremely well established garage which has been trading for over 40 years
High visibility location on a busy arterial road
Excellent base load turnover of circa £32,000 per annum just from doing MOTs
Fully equipped workshop
Loyal and regular customer base with a high repeat trade
SCOPE
Open on Sundays and later in the evenings
Have shop sales to complement the petrol forecourt
Have hand car washes or rent out the space for another to complete
There is sufficient space in the workshop to add at least another 2 ramps
There is the possibility at some time in the future that the freehold of the site would become available to buy
TENURE
Leasehold
Original Lease 9 years
Remaining: 7 years, 10 months
Review every: 3 years
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1027B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
