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Independent, Fully-Equipped Car Garage in Hampshire Offering Diverse Services for Sale

Undisclosed, Hampshire

CONFIDENTIAL SALE

  • Turnover: £170,000 (£3,269 per week)
  • Net Profit: On request

Business Details

AN INDEPENDENT CAR GARAGE

BASED IN GOSPORT, HAMPSHIREYE24 turnover of circa £170,000, with an adjusted EBITDA in excess of £65,000. An extensive range of assets are to be included in the sale, valued in excess of £10,000. A fully equipped garage that offers air conditioning and diagnostic services, alongside carrying out general repairs, specialist welding-related and annual automotive services, electrical repairs, mechanical repairs and MOT testing (undertaken by another garage). Circa 80% of sales are attributed to existing clients, who return when new repairs or MOT test renewals are required. Would benefit from the recruitment of additional Technicians, as the business currently receives more enquiries than it has the capacity to serve. An ideal bolt-on acquisition for an owner of an automotive business based further afield. Offered for sale to facilitate the key shareholders plans for relocation. Offers invited
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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 'AN INDEPENDENT CAR GARAGE - 170447 / 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.