FOR SALE
648967
B09541 / Rightbiz
CoGoGo proudly presents Broughton Garage, a long-standing and highly regarded vehicle repair business located in the heart of Broughton near Brigg.
Serving a growing village population of approximately 7,000, this is the only garage in the area, giving it a strong and defensible trading position.
Owned and operated since 2002, the business has built a loyal and repeat customer base, offering a range of vehicle repair and maintenance services.
With generous space, existing infrastructure and clear demand, there is excellent potential to expand services, increase capacity or introduce additional revenue streams.
The site benefits from generous workshop and yard space, excellent existing infrastructure, and approximately 30 car sales parking spaces, offering significant operational flexibility. In addition to its established repair business, the garage also undertakes vehicle sales, presenting further opportunities for growth and diversification.
The business is now offered for sale due to retirement.
Early viewing is highly recommended.
Location
Broughton Garage occupies a visible High Street trading position in Broughton, a North Lincolnshire town situated close to Brigg. Broughton is approximately 2 miles north-west of Brigg, supporting passing trade as well as repeat custom from the surrounding residential and rural catchment.
Premises
The premises comprise a well-equipped vehicle repair and servicing facility, featuring an outer office/shop area, an inner office/shop, and a dedicated staff back room. The business benefits from two fully equipped workshops, both fitted with vehicle ramps. The main workshop, located adjacent to the offices, can accommodate up to two vehicles, while the larger upper workshop has capacity for three vehicles.
Externally, the property offers a substantial forecourt with parking for over 30 vehicles, alongside additional customer parking for approximately 10 vehicles near the upper workshop. A large storage shed provides valuable extra space for equipment and stock.
The site is securely enclosed, with boundary walls to the front and fencing to the sides, offering excellent security throughout. The layout supports efficient day-to-day operations while providing scope for future growth and expansion.
Tenure
The business is offered on a leasehold basis, currently held under a rolling rental agreement.
We are advised that the current rent is £7,200 per annum, with business rates of approximately £2,100 per annum.
The landlord has indicated a willingness to negotiate a new lease with the incoming purchaser.
Hours
Opening hours are Monday to Friday 9:00 am to 5:00 pm and Saturday 9:00 am to 1:00 pm, with Sunday closed.
Staff
Run by the owners with support as required.
Financial Profile
We are advised that the business generates a turnover of approximately £175,000 per annum.
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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