Top-rated Sheffield Auto Repair Shop on Sale - Great Growth Potential
Sheffield, South Yorkshire
- Status
FOR SALE
- Date Submitted:
17/03/23
- Advert ID
510218
- Reference
B07252 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: £175,307 (£3,371 Per week)
- Net Profit: Not Applicable
Business Details
Highly rated auto repair shop in Sheffield for sale
BusinessPlease quote reference B07252
CoGoGo are delighted to welcome to the market Auto Tech, a highly rated auto repair shop in Sheffield.
This extremely highly rated garage was first established by our client over 30 years ago, building up an excellent reputation and loyal client base.
Auto Tech has now come to the open market due to our clients desire to semi-retire.
Auto Tech are a are professional car mechanics that offers MOT work, Body work, Engine repairs, Servicing, Auto electrical & Diagnostics.
Some areas covered include Ecclesfield, Parson Cross, Shiregreen, Firth Park, Lane top and many more.
Key selling points -
- Large garage unit
- Purpose built MOT bay
- 7-10 MOT’s completed each day
- Diagnostics experts
- Centre of a very large housing estate
- Excellent customer testimonials
- Opportunity to grow sales/profit
- New website
- Social media
- Increase number of mechanics
- Open Saturdays
- Add a recovery service
Location
Auto Tech is located on Barnsley Rd in Sheffield.
The business has eye catching signage, receiving high levels of footfall and passing trade.
The business is located in a large housing estate and benefits from being adjacent to a very busy car wash business.
Premises
Occupies a large detached garage unit.
Ground floor -
- Large open plan garage space – with 3 x separate vehicle bays which includes a MOT bay, 4 x poster and 2 x poster bay and low level engine ramp.
- Office
- Disabled toilet facilities
- Storeroom
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 5 year lease to be offered to the new buyer. The rent is £20,000 per annum, with rates payable at £1,500 per annum.
Hours
The current trading hours are -
Monday to Friday – 9:00am – 5:00pm
Saturday & Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of 1 full time staff member.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £175,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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