Motor garage and performance car specialist for sale in Colchester Essex, 25 years in business
Colchester, Essex
- Status
FOR SALE
- Advert ID
652352
- Reference
M3255 / Rightbiz
- Call Agent:
- Leasehold: £195,000 (Stock at valuation)
- Rent: £10,500 (£875 per month)
- Turnover: £330,000 (£6,346 per week)
- Profit: £80,000 (25% Profit margin)
Key Features
- Long trading history and customer base
- Long-standing trading history
- Long-term established presence
- Multiple operational bays
Business Details
PROFITABLE MOTOR GARAGE & PERFORMANCE CAR BUILD SPECIALIST – COLCHESTER, ESSEX
PROFITABLE MOTOR GARAGE & PERFORMANCE CAR BUILD SPECIALIST – COLCHESTER, ESSEX
TURNOVER £330,000 PER ANNUM—NET £80,000
25 YEARS ESTABLISHED
LOW RENT £10,500 PER ANNUM
5 X RAMPS – FULLY FITTED WORKSHOP WITH £50,000 OF EQUIPMENT
REF: M3255
COLCHESTER, ESSEX - £195,000 LEASEHOLD SAV
• TURNOVER £330,000 PER ANNUM
• RENT JUST £10,500 PER ANNUM
• NET PROFIT £80,000 PER ANNUM
• NEW 5 YEAR LEASE (1 YEAR ON EXISTING)
• RATES £800 PER ANNUM
• 2,500 SQ.FT (APPROX.)
Viewing Arrangements:
By prior appointment with PPS on 01702 667 111 / 020 3627 1110.
Due to unannounced contact, our vendors request confidentiality, and as such, PPS do not advertise business addresses online.
In the event you wish to receive further information regarding any of our businesses, contact us via this advert, our websites, or any one of our offices.
#motorgarageforsale #carspecialistforsale #businessforsale #sellmybusiness #whatsmybusinessworth #businesssales #valuemybusiness
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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.
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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.
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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.'.
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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.
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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
Contact seller
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
Get Solicitor
