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Family-Run, 30-Year-Old Garage with Accessory Shop in Ledbury Herefordshire For Sale

Ledbury, Herefordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    03/04/24

  • Advert ID

    609168

  • Reference

    B07506 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £299,999
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well Established Garage For Sale

Business
Please quote reference B07506

Hilton Smythe are delighted to welcome to the market a highly rated Garage in Ledbury.

The business was founded over 30 years by the current owners and is a real family concern with many regular customers and a fantastic reputation for customer care and service, reliability and great pricing.

The business offers a full range of services and high standards of vehicle repairs and maintenance. The business prides itself on using the latest technology and diagnostic fault finding software to ensure that repairs are carried out quickly thus keeping labour costs to a minimum.

Services include;

  • MOT’s, with an extra long MOT bay the business offers class 1,2,4 & 7 for motorcycles, cars , light commercials, motor homes and quad bikes
  • Tyres including puncture repairs, balancing and tracking
  • Servicing for all marques
  • Diagnostics including tuning upgrades and remapping
  • Repairs and maintenance, no job too large or small
  • Air conditioning, servicing repairs and regassing
Additionally the business has an accessory shop packed with vehicle cleaning equipment, lubricants and accessories

MAM Softwares Auto Work Online is used to assist in the day to day running, invoicing, statements, accounts, vat returns, customer database and their vehicle history, pricing and profit margins enabling an easy transition for a new owner. The MOT bay is registered to the Limited Company rather than an individual which again will aid transition.

The business is RAC and RMI approved and Health & Safety is monitored by the RMI for compliance. Payments are taken by card, cash or phone and PCI compliance is fully up to date.

The sale will include the company website and the business enjoys great visibility online with impressive reviews such as;

“Excellent service and friendly staff”

“Always go the extra mile to deliver top quality service at an honest price “

Key selling points:

  • A well established business with an enviable reputation and many existing customers
  • Current owners happy to offer a handover to ensure the continued success
  • Ideal owner managed or partnership business
  • Perfect bolt on for an existing garage business looking for a foothold in the Ledbury area
  • Little or no competition locally
Scope for Further Development:

  • Advertising and Marketing campaign
  • Maximise the use of social media
  • Update the existing ideally adding an online booking facility
  • Increase the signage from the main road (subject to any planning constraints)
  • Invest in SEO and PPC to drive new customers to the business
  • Introduce more EV services
  • Introduce a loyalty card / scheme and a reward scheme for referrals


Location
The business is located within an industrial site within Ledbury.

The business sits alongside other complimentary businesses on a small but unusually busy industrial estate and thus benefits from high levels of footfall.

The business is nicely presented and maintained with clear visible signage.

There are 16 allocated car parking spaces included.



Premises
The business occupies generous (approximately 6500 sq.ft) premises ideally suited to the trade comprising - 

Reception / Customer Waiting area

With leather effect sofas, low table, glass fronted display cabinets, window and door to workshop, bespoke counter with desks and shelving behind.

Workshop

Very large workshop, roller doors to front and rear, tyre area with racking, tyre machine, wheel balancer and oil barrel dispensing area. Extra long MOT bay, 6 ramps of various weights suitable for cars and commercial vehicles. Oil fired heating system and low wattage, energy saving, extra bright strip lighting, workbenches, door to

Parts department

With perimeter shelving and floor storage space

WC’s

Separate ladies and gents toilets with close coupled WC’s and hand wash basin

2 mezzanine’s

With generous kitchen , staff room and a number of large offices offering sub letting possibilities perhaps to a complimentary business

The sale will include all fixtures, fittings and equipment pursuant to the running of the business. Also included are a 61 reg Vauxhall pickup for recovery work and a 21reg Isuzu crewcab pickup ( leased by the business)



Tenure
We are advised the business is being sold on a Leasehold basis with an original 21 year Lease in place. 

The rent is £9,127 per quarter. 



Hours
The business trading hours are as followed:

Monday to Friday - 08:30am to 17:30pm

Saturday & Sunday - Closed



Staff
The business is ran by our clients plus a full time administrator, part time receptionist and 3 full time staff members.



Financial Profile
Financial information can be made upon request.

Please quote reference B07506

 



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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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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.

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The data showed regarding this advert 'Well Established Garage For Sale - B07506 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.