High-Turnover, Highly Reputable G and R Motors Garage Business for Sale in Ashford, Kent
Ashford, Kent
- Status
FOR SALE
- Date Submitted:
15/01/24
- Advert ID
605031
- Reference
13106_J / Rightbiz
- Call Agent:
- Freehold: £299,995
- Turnover: £211,840 (£4,074 Per week)
- Net Profit: Not Applicable
Business Details
Profitable Garage With Excellent Reputation
BusinessCoGoGo welcomes to the market G and R Motors. Established in the 1900’s our client has solely run and managed the business since inception in 1987. Our client has worked tirelessly to establish the business to the profitable concern it is today.
Revenue is derived 70% from car repairs and servicing and 30% from car sales of all vehicle types. The business has an excellent reputation and is very well known in the area. G and R Motors sees a vast amount of repeat trade and word of mouth referrals.
The business benefits from an extremely high turnover and net profit, which is a credit to our client. According to the 2015 accounts, turnover is in the region of £211,840 with gross profit at around 54%.
We believe the business still has the potential to generate additional income. Perhaps by employing another mechanic or introducing a website and a modest marketing campaign to promote the car sales aspect of the business to customers further afield.
This is an outstanding freehold business, fully fitted to suit the trade and we would encourage early viewing to fully appreciate this superb turn-key venture which genuinely comes to the market as our client looks towards a well-deserved retirement.
Location
G and R Motors is located in the picturesque village of Woodchurch near Ashford, Kent.
The business is located on the very busy Front Road, a main road through the village. The business is situated at the heart of the village and overlooks the village green with the local post office next door. The business is surrounded by affluent housing and free customer parking.
Woodchurch is around 6 miles from the market town of Ashford and around the same distance from the M20 and national motorway network beyond.
Premises
Excellent corner location with side car park for 5 vehicles.
Front of garage can hold 4 vehicles, recently repainted with traditional garage door leading into the business.
Detached garage to rear of business, used to store cars and tools.
Workshop
Accessed through main garage door and includes: -
3 tonne 4 poster ramp
Tyre changer
Large range of repair tools
Storage
Office area
Ample parking.
Tenure
We are advised Freehold.
Hours
The business opens: -
Monday to Friday 8.00am – 5.00pm
Saturday 8.00am – 1.00pm
Staff
The business is solely run and managed by our client.
Financial Profile
According to the 2015 accounts, turnover is in the region of £211,840 with gross profit at around 54%.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
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
Get Solicitor
