Motor Sports Business for Sale in Colchester Essex - GBH Motor Sports Vehicle Repair Workshop
Colchester, Essex
- Status
FOR SALE
- Advert ID
643793
- Reference
B09285 / Rightbiz
- Call Agent:
- Leasehold: £269,999
- Turnover: £300,000 (£5,769 per week)
- Profit: £75,000 (25% Profit margin)
Business Details
Rev Up Your Profits – Established Motor Sports Business for Sale
BusinessPlease quote reference B09285
Established in 2001, GBH Motor Sports is a well-respected and profitable vehicle repair and performance workshop with over two decades of trading history.
Known for its specialist expertise and loyal customer base, the business has built an excellent reputation for quality workmanship and reliable service.
The owner is now offering this exciting opportunity for sale due to retirement, making it ideal for an owner-operator or investor looking to step into a proven, turnkey operation with strong profits and further growth potential.
Location
This vehicle repair workshop is located in Colchester.
Premises
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Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
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Staff
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Financial Profile
We are advised on the following:
OTM: £269,999
Turnover: £300,000
Net Profit: £75,000
Asset Value: £50,000 (Included in the purchase price)
Rent: £10,500 (Including VAT) per annum (New 5-year lease on completion)
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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