Featured Brokers
CONFIDENTIAL
FOR SALE
624087
We are offering a well-established and highly reputable garage in a prime location in Barnet, London, for sale. Situated in one of the best positions for such a business in London, the garage enjoys a high volume of customers throughout the year, largely due to its strategic location in the car park of a major supermarket.A great reputation for many years worth a huge customer base.
The potential new owners will have income from day one
This thriving business includes a busy MOT station with separate workshops and dedicated MOT bay facilities, supporting both Class 4 and Class 7 vehicles. The comprehensive setup features five ramps alongside a distinct MOT station, coupled with all necessary equipment, including facilities for wheel alignment and tyre services.
With a strong legacy of 25 years, this garage is well-recognized and respected in the community. It caters to major repair needs across all vehicle brands, reinforcing its position as a leader in the area against any competition. Its excellent reputation is backed by consistent service quality, which is a testament to its successful operation over the years.
The garage employs a team of eight dedicated professionals, ensuring efficient service delivery. It also boasts an active online presence, further enhancing its visibility and customer engagement. For the new owner, training opportunities will be provided to ensure a smooth transition and continued business success.
Key financial highlights include a leasehold price of £1200.000with a current turnover of £1,600,000. The annual rent is set at £72,000, and all stocks are included in the price. The sale is a retirement opportunity, presenting an attractive proposition for those seeking to invest in an established business.
Overall, this sale includes not only a business with high turnover but also a prime location with ample parking and close proximity to local amenities. The sale represents a unique opportunity to own a business with a strong customer base and an excellent track record, promising a bright future for the right individual.
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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