Top-Rated AG Auto Vehicle Repair Garage in Edinburgh's Newhaven Area for Sale
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
02/01/24
- Advert ID
604448
- Reference
B07744 / Rightbiz
- Call Agent:
- Leasehold: £164,995
- Turnover: £285,000 (£5,481 Per week)
- Net Profit: Not Applicable
Business Details
Highly Rated Vehicle Repair Garage For Sale
BusinessPlease quote reference B07744
CoGoGo are delighted to welcome to the market AG Auto, a highly rated vehicle repair shop in the Newhaven area of Edinburgh.
The business was first established by our client in 2016, building up an excellent reputation and regular customer base. As seen by the ratings and reviews on Google, the business is highly rated within the area.
AG Auto has now come to the market as our client is looking to move onto other business ventures.
They're one of the leading mobile vehicle repair providers serving customers in Edinburgh. AG Auto offers a full range of garage services at the roadside to vehicle owners, dealing with a wide range of car services.
They offer high quality vehicle repairs to all makes and models, as also do health checks, servicing, brakes, suspension repairs, clutches & gearboxes. They also do diagnostics.
Key selling points -
- Low offer heads
- New lease tern to be offered
- High demand for services
- Excellent location
- Handover offered
- Further growth opportunity
- Increase number of mechanics
- Extend current opening hours
- Embark on modern marketing schemes like whocanfixmycar.com
- Push advertising
Location
AG Auto is located on Craighall Road in the Newhaven area of Edinburgh.
The business is well presented and has eye catching signage, with ample parking available in the area.
Premises
- Large workshop
- Store room
- Office
- Kitchen space/Toilet
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a rolling lease agreement. The current rent is £12,000 per annum.
A new lease is to be negotiated with a new buyer.
Hours
The current trading hours are -
Monday to Friday - 9:00am - 5:30pm
Saturday to Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of 2 other staff members.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £285,000. 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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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.
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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.
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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.'.
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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.
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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
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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