Mechanical Garage L/H £129,000 Oxfordshire For Sale in -- Business 4 Sale .co.uk

Business Summary

Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable mechanical garage business.

Founded over fifteen years ago by the two vendors, the business is only now being reluctantly offered for sale as the partnership is being dissolved.

The garage services and repairs all makes and models but does have particular expertise with Vauxhall and performance cars. Hourly rates charged are vastly below those charged by the main local dealerships.

Retail customers account for approximately 80% of sales with the balance from trade accounts. MOT’s are sub contracted.

The garage is fully equipped for purpose and includes:
• 3 scissor ramps
• Lathe
• Mill
• 20t press
• Plasma cutter
• Tig welder
• Oxi cutter/welder
• Gas analyser
• Pillar drill
• Compressor
• Engine crane
• 2 trolley jacks
• Air con machine
• Degreaser
• Vauxhall full diagnostic system
• Various hand tools

The two vendors work alone in the garage with a self employed book keeper who works one day a week. In the year to March 2009 they achieve annual sales of £201,746 with a gross profit of £105,069 and with only minimal advertising.

The vendors are quite prepared to work with a new owner to ensure a smooth transition and to effect the necessary customer introductions.

We are advised that stock at cost is approximately £17,000.
REF: 9528OX

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property Information

	Property:	Leasehold

	Lease Terms:	Original lease: 10 years Remaining lease: Holding over Review every: 5 years We are advised that the annual business rates are currently: £3,800

	Current Rent:	Rent: £12,950 per annum

	Living Accommodation:	No

	Details of Accommodation:	End terraced premises with large mezzanine floor and extensive rear car park and briefly comprising: Ground Floor • Entry into reception area with waiting chairs • Back counter and till • Stores on display • Kitchen area • W/c • Fully equipped workshop with side exit • Main garage workshop with full height roller shutter door at either end and with 2 side fire exits. First Floor • Mezzanine area accessed via spiral staircase with accounts office and two parts stores External • Rear secure car park with approx 12 spaces • Container storage • Circa six car spaces to the front of premises

	Location:	The garage is ideally located in the centre of a large industrial estate in an affluent market town of Oxfordshire. The garage has its own secure gated car park which can fit approximately twelve cars with additional six spaces in front of the premises. Nearby towns include Woodstock, Witney, Burford and Kidlington. The area is best accessed by the A40 which gives excellent access to the M40 motorway.

Growth Potential

This is clearly already a successful garage, it does still however, offer good scope to increase both sales and profits by:
1. Having a MOT facility, these can be leased from approx £500 per month and would bring in additional sales not just from the MOT itself but from any remedial work
2. Extend into the next door unit which has recently become available to let
3. Have additional products available such as tyres and exhausts
4. Employ another mechanic – the existing premises has sufficient space
5. Advertise, as only minimal is currently carried out
6. Improve the business web site

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon-Fri: 8am – 5.30pm
Sat: 8am – 12.30pm

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