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Related Ads > Kent Business for Sale > Freehold Car Dealers & Showroom to Buy > Car Dealers & Showroom in Herne Bay for Sale 

Car Dealership And Garage Services Herne Bay Kent

Herne Bay Kent
Car dealership/Garage Services & MoT. Herne Bay, Kent. T/O: £1,200,000 GP: 21% Same owner 30 years. Well established business. Scope to develop further.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70732
ADVERT IMPRESSIONS : 30,686 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Car Dealers & Showroom
SALE: Agent Sale

FREEHOLD:

£699,950
 

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BUSINESS DETAILS:

Location
Express Garage occupies a prominent trading location on a busy main road, surrounded by a densely populated residential area on the outskirts of Herne Bay in Kent. The garage and dealership is situated close to many complementary businesses and benefits from much passing trade. The town centre lies approximately a mile and a half away, while the local railway station is within easy walking distance. Herne Bay is a popular coastal resort on the Thames Estuary and is easily accessed being just 7 miles from Canterbury. The business lies just 1.5 miles from the busy A299, which leads to the M2 motorway and Faversham.

Business History
Preferred Commercial is delighted to offer for sale this popular dealership and garage services business, which was established in 1978 and which has been in our client's careful hands since 1982. The business is only now being placed on the market due to our client's with to retire. Express Garage is the main dealer for Daihatsu and Proton cars and boasts showroom and forecourt displays of new and used vehicles. Our client also offers servicing, repairs and MoT testing and generates a turnover in the region of £1,200,000 per annum with a gross profit of 21%. A new owner could increase turnover further by opening on Sundays and by expanding the website. This long established business boasts an excellent reputation and benefits from many word of mouth recommendations and much repeat custom. The garage is presented and equipped to a high standard throughout and boasts highly trained, loyal staff. We feel this represents a rare opportunity to acquire a thriving and well-established car dealership, with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £1,200,000 approx.
GP: 21%

Opening Hours
Mon -Sat: 8.00am - 5.00pm
Sun: Closed

Accommodation Details
Well-established car dealership and garage services business, briefly comprising:

Ground Floor
• Open-plan showroom with a fully glazed frontage, space to display several vehicles, service desk and reception desk with coffee machine.
• Sales office with furniture and equipment to suit
• Admin office with furniture and equipment to suit
• Ladies WC
• Gents WC
• Garage workshop with high roller shutter doors, extensively equipped, diagnostic equipment, ramp, wheel balancer, tyre changing machine and welding equipment.
• Dedicated MoT bay

First Floor
• Mezzanine level above showroom with 2 x large storerooms, racked to suit

External
• Large forecourt to front for car sales display and customer parking

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2884 / RightBiz
   
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