Featured Brokers
CONFIDENTIAL SALE
FOR SALE
25/03/24
608782
GR02-ABS / Rightbiz
Retirement sale of a freehold independent garage offering MOT Testing Centre providing MOT services for Class 4 and Class 4a motor vehicles, servicing, tyres, welding, and general vehicle repairs for all types of cars and light vans, together with the supply and fitting of batteries, tyres, and exhausts.
Location: Stratford on Avon
Asking Price: £300,000, including Freehold Premises.
Key Strength:
· Customer Base: The business enjoys a loyal, varied, and repeat customer base.
· Property: Freehold. (circa £180,000)
· Security. The property has grills, a closed-circuit TV, and an alarm system.
· Services: Electricity, Mains Water, Sewerage, Broadband, Electricity and Telephone.
· Opening Hours: Four-day week opening hours 08.30 to 3.00 pm
Business Profile:
The successful purchaser will acquire a long-established vehicle servicing, repair & MOT Garage with an established customer base. The reason for the sale is the retirement of the owner of this successful freehold business. The business is ideally located on an industrial estate.
There has never been a need to advertise, the business has a Facebook page and a website to provide Internet users with contact details. The business is known locally as fully equipped, well-presented, trustworthy, honest, reliable, and friendly.
Location: Excellent established trade location: Close proximity to the train station and the majority of main dealers in the area. Further details of the freehold property can be made available to seriously interested parties after viewing. The property has grills, a closed-circuit TV, and an alarm system. All services are connected to Electricity, Mains Water, Sewerage, Broadband, Electricity, and Telephone.
Financial information:
The sale price includes the freehold property and all the garage equipment, fixtures, and fittings. Net sales for the year 2022: £103,000. We are advised sales for the year 2023 circa £120,000. Further financial information can be made available to serious interested parties after viewing.
Hours of operation: Four-day week opening hours 08.30 to 3.00pm
Reason for sale: Retirement Sale. The business and freehold property is only now offered for sale due to the owners' wish to retire.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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