| (REF: 9471GL) Mechanical Repairs Garage |
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| Seller Reference: |
9471GL |
| B4S Reference: |
31630 |
| Asking Price: |
£59,950
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| Net Profit: |
£48 |
| Sales Revenue: |
£127 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Gloucestershire, United Kingdom |
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THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this popular and profitable mechanical garage.
Founded by the vendor 5 years ago, the business is only now being reluctantly offered for sale as he is planning to move away from the area with his family to Devon.
The business has an excellent local reputation with all new customers coming via word of mouth and referrals.
The garage services and repairs any car make or model at rates vastly below those charged by the main dealers, MOTs are sub contracted and all customers are retail with no accounts.
The vendor works alone in the garage and in the year to March 2009 achieved annual sales of £127,316 with a net profit of £48,836.
The garage is fully equipped for purpose including:
• 3 x 2 poster ramps
• Tyre changer
• Tyre balancer
• Tool cabinet
• Compressor
• Oil heater
We are advised that stock at cost is circa £1,500.
REF: 9471GL
TRADING HOURS
Mon-Fri: 8am – 5.30pm
EXPANSION POTENTIAL
This is clearly a successful garage, it does however, still offer excellent scope to increase both sales and profits in the near future by:
1. Employing another mechanic as there is sufficient work to keep one occupied
2. Take on trade work as work of this nature is turned away on a regular basis
3. Increase the hourly charge out rate which is less than half that charged by the main dealers
4. Have a website as many future customers use the web to search for potential garages.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £127,316
Net Profit: £48,500
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A sizeable converted steel framed farm building briefly comprising of:
Ground Floor
• Twin steel opening doors into the workshop with the 3 off 2 poster ramps arranged around the centre
• Side office
• Communal w/c
• Approx 12 cars can be parked inside overnight
• Space for circa 10 cars outside
• The premises have the added advantage of being alarmed
TENURE: Monthly licence
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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Property: |
Leasehold |
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Lease Terms: |
TENURE: Monthly licence |
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Living Accommodation: |
No |
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Location: |
LOCATION
The garage is very well located as it is situated on a farm estate with a rural outlook in Gloucestershire.
Nearby towns include Stroud and Circencester. |
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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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