FOR SALE
16/04/24
609866
3043 / Rightbiz
Sovereign Business Transfer is delighted to present an outstanding opportunity nestled in the heart of Derby. Established in 2018, this highly regarded garage repair business has swiftly become a cornerstone of the community, garnering an exceptional reputation and an exceedingly loyal customer base both locally and beyond. The proprietors have diligently cultivated relationships with retail and trade clients through repeat engagements, supplemented by phone inquiries, walk-ins, and a strong presence on notable online automotive platforms such as the RAC, Who Can Fix My Car, 1Link and Euro Car Parts Fit it For Me booking system.
As our clients turn their sights towards new horizons, this flourishing enterprise is now available for acquisition. It boasts an enviable location a stone’s throw from the bustling town centre, a substantial and dedicated clientele, and significant potential for growth. The current owners’ dedication to integrity, superior craftsmanship, and unparalleled service is evident, earning the distinction as one of Derby’s sole RAC Approved garages, a badge of honour that underpins much of their patronage.
The facility spans 260.2m² and is a testament to their commitment to quality, with only the finest parts used each carrying a standard manufacturer and labour warranty for complete customer reassurance. A visit here is to experience vehicle maintenance as it should be hassle-free. The dedicated team ensures that every interaction is client focused and meets the high standards the garage is celebrated for.
Prospective buyers will find ample opportunities to enhance the business further. Introduction of an ATL MOT lane, strategic marketing, establishing a bespoke website, and extending trading hours could all serve as catalysts for even greater success.
The business is conveniently situated near Derby’s Meteor Centre and Chester Green, in a premises that includes a welcoming reception area, an open plan workshop complete with three ramps, storage space, kitchen, and WC. Additionally, the external area features six parking spaces on-site plus additional staff parking—with road parking and an overflow car park also at hand, all of which is underscored by modern signage.
The business is available on a Leasehold basis, with a new 3 year lease due in July 2024. The annual rent is set at £12,000, plus VAT, with a six-month notice period after the first year. Operating hours are Monday through Friday, from 9:00 am to 5:00 pm, with substantial potential to expand into the weekend.
Currently overseen by the owners with the support of an experienced technician, the business proudly recorded a turnover of approximately £185,000 last year. Comprehensive financial details are available to serious inquiries.
Does this sound like your next venture? Seize the chance to steer a well-established turn-key business opportunity to new peaks of success.
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
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