Popular Garage Services And Mot Station In Kent | | Rochester Kent | | Garage Services and MoT Testing Station. Lower Stoke, Rochester. T/O: £385,000 GP: 30% Scope to increase turnover 0.6 acre of grounds Large forecourt. Well-equipped. Loyal customer base. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63904
ADVERT IMPRESSIONS : 40,270 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £399,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Stoke Garage Ltd occupies substantial premises, prominently located on the main road in the village of Lower Stoke, Rochester. The business is surrounded by a densely populated residential area, from which it draws much trade. The garage boasts a monopoly trading position with no local competition, and benefits from ample parking, nearby bus stops and has easy access to the A228. There are a variety of shops, businesses and amenities in the vicinity, while the town centre of Rochester lies approximately 9 miles away.
Business History
Preferred Commercial is pleased to offer for sale this busy garage services and MoT testing station, which has been in our client's careful hands since 1972 and which is only now being placed on the market due to our client's wish to retire. The garage sits in just over half an acre of grounds and boasts large workshop premises, a fuel forecourt, 8 lock-up garages and a spacious MoT testing bay. The business trades 5½ days per week and generates a turnover in the region of £385,000 per annum with a gross profit of 30%, derived from fuel sales, general convenience and confectionery lines as well as MoT testing, servicing and repairs. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade and new business from word of mouth recommendations. Our client advises us that accommodation may be available by separate negotiation. We feel that turnover could be increased by extending the opening hours, perhaps introducing car sales to the forecourt and by embarking on a modest marketing campaign. This is an ideal opportunity to acquire a garage services and convenience store business, which is well-equipped and in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £385,000 approx.
GP: 30%
Opening Hours
Mon - Fri: 8.00am - 6.00pm
Sat: 8.00am - 12.30pm
Accommodation Details
Substantial garage premises, set in 0.6 acre, with fuel forecourt, convenience store, lock-up garages and large workshops. Briefly comprising:
Ground Floor
• Workshop equipped to suit with work benches, 2 x 3.5 ton 4-post ramps, tyre machine and balancer, compressor, tyre racks and space heater
• MoT bay equipped to suit with various tools and equipment
• MoT viewing area
• Shop area with various displays and chillers, confectionery and convenience displays and counter with electronic cash register
External
• 8 lock-up garages
• 2 x MoT parking bays
• Parking for approximately 30 vehicles
• Garage forecourt with fuel pumps and canopy above
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2485 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
