| (REF: 2328) Established Garage Service Business in Wimbledon London |
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| Seller Reference: |
2328 |
| B4S Reference: |
25454 |
| Asking Price: |
£154,950
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| Net Profit: |
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| Sales Revenue: |
£250,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Wimbledon, South West London, United Kingdom |
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Preferred Commercial is delighted to offer for sale this busy garage service business, which was established by our client in 1978. The business is only now offered to the market due to our client's wish to retire. The premises are well-equipped to suit the trade with a large workshop and a range of high quality tools and equipment. The business has an excellent reputation in the area and receives much repeat trade and word of mouth recommendations. The garage benefits from a loyal customer base and from having a website in place advertising services offered. The business boasts 2 courtesy cars along with a mobile workshop that is not currently utilised. The garage trades 5 days a week and generates a turnover in the region of £250,000 per annum with a gross profit of 50%. We feel this could be further increased by utilising the mobile workshop and the new owner could, if desired, extend the opening hours to increase capacity. This is an ideal opportunity to acquire an already busy garage with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
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Property: |
Leasehold |
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Lease Terms: |
Original length:5 years
Remaining: 3 years
Review: every 5 years
Rent: £7,800 per annum |
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Current Rent: |
7800 |
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Living Accommodation: |
No |
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Details of Accommodation: |
Substantial ground floor lock-up garage premises. Briefly comprising:
Ground Floor
• Large workshop area with steel shutters to front, 2-post ramp, 2 x hydraulic jacks, engine stands, engine hoist, tyre changing equipment, wheel balancing and computerised diagnostic equipment, auto data system and GPS card machine |
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Location: |
Eagle Autos occupies substantial ground floor lock-up premises ideally located in Wimbledon, Greater London. The business benefits from ample on-street parking and is surrounded by a variety of complementary shops and businesses. There are regular buses running through the area and the railway and tube station are within easy walking distance. The business boasts easy access to the A-road network and the M4 Motorway is less than 10 miles away. Wimbledon is a mainly residential town and is home to the famous Wimbledon Tennis Championships. The City of London is approximately 10 miles to the north. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon - Fri: 8:00am to 5:30pm |
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