Freehold Car Component Supplier & Mechanical Garage | | Undisclosed West Midlands | | WEST MIDLANDS FREEHOLD CAR COMPONENT SUPPLIER & MECHANICAL GARAGE High visible location on main road 70/30% retail/trade customer sale of vehicle parts & accs, & service & repairs A/T: £503,028 GP: £169,293 NP: £83,999 Excellent scope for expansion F/H: £ | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 66541
ADVERT IMPRESSIONS : 22,280 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £675000 | LEASEHOLD: | £325000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business has an excellent high visibility location on a busy main arterial road of a densely populated town in the West Midlands
HISTORY
The business was founded by the present owners over 6 years ago
REASON FOR SALE
The business is only now being reluctantly offered for sale as the partners wish to concentrate on their other unrelated businesses
PRODUCTS
The business is an Aladdins cave of car spares with a vast stock which fills the majority of the premises
In addition, in the unlikely event of a part not being in stock, they are able to source it for delivery to the store within 24 or 48 hours
CUSTOMERS
The majority of customers are within an approximate 6 mile radius of the store
Circa 70% of customers are retail and 30% are trade to other local garages
SERVICES
Rear mechanical workshop with 2 x 2 poster ramps
The 2 mechanics carry out servicing and repairs to any make or model of vehicle, fit batteries or re-charge them and they also fit exhausts
STAFF
The business has 2 full time mechanics, a full time driver, 3 part time in the store who each work approximately 25 hours per week and a full time vendor.
TRADING HOURS
Weekdays 8.30am to 5.30pm
Saturday 8.30am to 5pm
Sunday 10am to 2pm
FINANCIALS
Turnover
Sales £503,028
Gross £169,293
Net £ 83,999
Stock holding £250,000
PREMISES
A spacious single storey corner plot premises, which briefly comprise:
Corner entry door into large sales area with 4 central gondola runs stocking the most popular sales lines
Mixed slat wall and pin wall displays
Long run side and rear serving counter
Back office
Kitchen and w/c
Extensive rear stores, which have full height fully stocked racking
Through to garage workshop which have 2 x 2 poster ramps, compressor, battery charger and a small press
The premises are fully alarmed and also benefit from a 10 camera CCTV system
Included within the asking price are 2 vans, a Peugeot Extra and a Partner on 07 and 08 plates
Parking is free of charge on street all around the premises and neighbouring streets
STRENGTHS
A very well established business, which has been trading for over 6 years
Good high visibility location on a busy main arterial road
Excellent customer reputation with a large repeat and referral trade
Huge in-house stocks
Own in-house mechanical only garage.
SCOPE
Having its own web site
Extend the delivery service beyond the current 6 mile radius
Look for more trade customers
Have a sales rep to look for more trade customers
Have on-line sales.
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: | 1135DY / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
