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Established Alloy Repair Body Shop Bolton

Bolton, Manchester
Leasehold Price:
£89,950
Status
FOR SALE
Advert ID
246514
Reference
6893 / Rightbiz
    Situated Just Off Busy Main Road

    Annual Turnover £155,000

    Gross Profit £127,000

    Further Financial Info Available After Viewing

    Parking For 15 Vehicles

    Gated Forecourt

    Local Repeat Customer Base

    High End Equipment Included

    Fantastic Online Reviews

    Scope To Introduce More Services

    Potential For Weekend Opening

Description:
REF 6893 – Leasehold Alloy Repair/Body Shop
Blacks Business Brokers are pleased to bring to the market this leasehold alloy repair/body shop located in a densely populated residential area of Kearsley, Bolton.

INTRODUCTION
Alloy Restore was established by our client in 2016 to meet local demand for a reliable and reputable auto repair centre in this area of Bolton. The business is very well known within this business sector and has a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Alloy Restore has a comprehensive website and strong social media following.

LOCATION
Alloy Restore occupies a prominent trading position just off a busy main road close to the centre of Kearsley. The area is densely populated residentially as well as commercially and neighbouring businesses include pubs, petrol stations and independent sandwich shops. Kearsley Park and Kearsley Station are also close by. This area is very well linked by the M61 and the M60 and M62 are less than a mile away. There is also strong public transport links and parking is available immediately outside the property.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to the demands of our client's other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on an Internal Repairs Only Lease (IRO). The current lease is a rolling lease which began in 2016 at a cost of £196 per week.

STAFF
The business operates with two members of full time staff supporting our client working on a full time basis.

FINANCIAL DETAILS
Alloy Restore has traded solidly since opening and our client has established a strong customer base. We are advised that the business currently has annual turnover of £155,000 with gross profits of £127,000.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
Alloy Restore is well established and our client has secured a strong customer base and excellent reputation within this business sector. There is plenty of scope to develop the business further with the introduction of new auto services such as MOT and repair. There is also scope to extend opening hours to include weekends and to implement a strong marketing drive in the surrounding areas, potentially offering a collection and delivery service. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Alloy Restore operates from a spacious two storey commercial unit with large forecourt area to the front and side. The business has large branding and signage on display the main entrance which is fitted with metal shutters. The surrounding forecourt is also secured with metal fencing to all sides. Inside, the ground floor comprises of a preparation space, 7m x 5m spray room with extraction unit, LED lighting and air inlet. There is also a mixing area, main workshop, kitchenette and toilet facilities. Equipment including a new diamond cutting machine, screw compressor, powder coat booth, gun wash machine, tyre machine and balancer, paint strip tank in and isolate containers and aqua blast 915 are included in this business sale along with the alarm system, CCTV and office equipment.

The first floor comprises of two offices and a large staff room. All areas are presented well and are fitted with good quality fixtures and fittings.



Fixtures & Fittings:
Powder Coat Booth
Diamond Cutting Machine
Screw Compressor
Aqua Blast 915
Gun Wash Machine
Gema Powder Coating Guns x 2
Tyre Machine & Balancer
Separate Paint Strip Tank In An Isolated Container
Alarm System & Cameras
2 Offices With All Equipment

Opening Hours:
MON - FRI: 08:30 - 17:00


Weekly Rent:
£196 Per Week. Weekly Rent:
£196 Per Week.
Listing Details
Leasehold Price: £89,950
Tenure: Leasehold
Location: Bolton, Manchester
Sector: Garage Businesses
Financials
Annual Turnover: £155,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 6893 / Rightbiz

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