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25-year Old, Reputable Motor Vehicle Garage with Residence in Penrith, Cumbria for Sale

Penrith, Cumbria

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611281

  • Reference

    599 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £600,000 (Stock at valuation)
  • Turnover: £288,596 (£5,550 Per week)
  • Net Profit: On request

Key Features

  • Attractive Business
  • Company for Sale
  • Established Business
  • High Turnover
  • Town Centre location
  • Prime Location
  • With Car Park
  • Accounts Available
  • Fully Fitted
  • Large Business for Sale

Business Details

Well established motor vehicle garage holding an enviable trading position in Cumbria.

This is a rare opportunity to acquire a much-loved, family-run business that truly helps to serve as the heart of the local community.

Also included as part of the sale is a three-bedroom residential home with a substantial freehold value.

With a rich history spanning 25 years, our client has built a strong reputation in the area and a strong relationship with their customers.

These long-standing relationships have allowed for a consistent streamline of repeat custom to be attained throughout the year, leading to impressive levels of turnover.

Further unique selling points for the business include:

·       Genuine opportunity for substantial future growth.

·       Freehold residential property also included as part of the sale.

·       Both the garage and residential property are located in a truly picturesque location.

·       Low staffing costs with minimal overheads.

This unique opportunity to acquire such a long-established and much-loved business is now only available due to our client's wish to retire. As a result, viewings are highly recommended in order to avoid disappointment.

This project represents an ideal acquisition opportunity for those looking to expand their current portfolio in the sector and have the ambition to take the company to the next level.

Read more

Contact Agent

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.

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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.

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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.

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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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 motor vehicle garage holding an enviable trading position in Cumbria. - 599 / 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.