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Insurance Approved Body Repair Garage

Undisclosed, Swansea
Leasehold Price:
£39,950
Status
FOR SALE
Advert ID
202372
Reference
14230 H / Rightbiz
Business
Hilton Smythe welcomes to the market this very well-established auto body repair and paint restoration specialist close to the city of Swansea, known as Quality Auto Finishers.

The business itself has been run by the current owner for the last 32 years and is well known in the area. The owner is now looking towards a very well-earned retirement.

Quality Auto Finishers is a long-established insurance approved accident repairs specialist operating from an extremely well fitted industrial workshop premises, with a widespread reputation and an enviable client base.

There is huge scope to extend opening hours & online marketing, together with employing more staff, as it is presently run by the owner only. The premise offers an excellent commercial location and great scope to further increase income.

Hilton Smythe highly advise early viewings to avoid disappointment.

Location
Quality Auto Finishers is situated on a purpose built industrial estate, in the peaceful town of Pontardawe, Swansea. Pontardawe is a town that houses some 5,000 inhabitants in the Swansea Valley in south Wales.

Swansea is only 8 miles away, offering all the facilities you would need and the M4 motorway is only approximately 4 miles away, offering easy access East or West.

Tenure
We are advised that the business is being sold as a Leasehold opportunity on a rolling lease.

The rent payable is £6,000 per annum.

Hours
Monday – Friday: 8:30 am to 5:30 pm
Saturday: closed
Sunday: closed

Staff
The business is currently run by the owner only.

Financial Profile
The business turnover for 2016 was circa £58,000 with a gross profit of £62%.

There is much potential to increase these levels.

According to the VOA website the current rateable value is £3,150; however, the business benefits from small business rate relief so has nothing to pay.

Listing Details
Leasehold Price: £39,950
Tenure: Leasehold
Location: Undisclosed, Swansea
Sector: Garage Businesses
Financials
Annual Turnover: £57,975
Contact Agent
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Advert Reference: 14230 H / Rightbiz
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