Vehicle Repair And Mot Centre In West Bromwich | | West Bromwich West Midlands | | Garage West Bromwich, West Midlands T/O: £150,000 GP: 50% Scope to increase turnover Loyal customer base Well-equipped Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65962
ADVERT IMPRESSIONS : 12,453 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £69,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Engine & Gearbox Centre occupies substantial ground floor lock-up premises, ideally located in a busy and thriving industrial estate in the town of West Bromwich, West Midlands. The premises benefit from ample private parking and are surrounded by a variety of complementary businesses. There are excellent public transport links close by, with numerous bus routes serving the area and the railway station is within easy walking distance. The business boasts easy access to the A-road network and the M5, which is less than 2 miles away. The town is popular with commuters due to its location 5 miles north west of Birmingham and 8 miles south east of Wolverhampton.
Business History
Preferred Commercial is delighted to offer for sale this family run vehicle repair and MoT testing centre, which was established by our client in 2000 and which is only now offered to the market due to our client's wish to retire. The business trades 5 ½ days a week, generating a turnover in the region of £150,000 per annum with a gross profit of 50%, derived from engine and gearbox repairs and MoT testing. The trade is currently split at 50/50 between commercial and domestic trade. We feel the turnover could be increased by embarking on a modest marketing campaign and extending the range of services provided. There is also the potential to promote the MoT testing, which is currently run at a pace to suit our client. The garage has an excellent reputation and is well known for providing high quality services. The business has numerous contracts in place including a 3 year contract with the AA for local breakdown recovery. There is a website in place advertising services provided and contact details. The premises have been well-maintained and are in a walk-in-and-trade condition. There is a 1985 Mercedes recovery truck and a 2002 1.9 diesel Citroen C15 van included in the sale. This is an ideal opportunity to acquire an already busy garage with huge scope for future development. Early viewing is highly recommended.
Financial Details
T/O: £150,000 approx.
GP: 50%
Opening Hours
Mon: 8:30am to 5:00pm
Tues - Thurs: 8:30am to 5:30pm
Fri: 8:30am to 5:00pm
Sat: 9:30am to 1:00pm
Sun: Closed
Accommodation Details
Substantial ground floor lock-up garage premises. Briefly comprising:
Ground Floor
• Office
• WC with wash hand basin
• 4000 Sq foot open plan workshop with 2-post ramp, 4-post ramp, 4-post MoT bay, trolley jacks, engine hoists, press, compressor, welder, special timing tools and handheld diagnostic equipment
Inventory
Full inventory list available on request
• 1985 Mercedes recovery truck
• 2002 1.9diesel Citroen C15 Van
• Jacks
• Grinders
• Welding equipment
• Diesel and petrol testers
• Compressors
External
• Large parking forecourt
• 20ft storage container for various parts
Tenure
Rolling Lease
Rent: £11,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2600 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
