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(REF: 2916)  Garage Services Business in Peterborough Cambridgeshire
 
Seller Reference: 2916
B4S Reference: 32029
Asking Price: £320,000
Net Profit:
Sales Revenue: £416,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Peterborough, Cambridgeshire, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this busy garage services business, which was established by our client in 2005 and which is only now being placed on the market due to his other business interests. M H Autos relocated to its current site in 2010 and has seen turnover increase, year on year. The business offers servicing, MoT testing (up to Class 7), diagnostics, auto electrics, home starts and recovery, tyres, batteries and exhausts along with repairs to all makes and models of car and light commercial vehicles and generates a turnover in the region of £416,000 per annum with a gross profit of 50%. Our client is reaping the rewards of significant investment in advertising on Yell, local radio and Google. At present our client carries out in excess of 50 MoT tests per week and is RAC approved and a member of the AutoCrew Scheme. The garage boasts an enviable reputation for quality of work and customer care, offering a collection and delivery service. Our client has invested heavily in the latest equipment and included in the sale are 2 x vans and a recovery truck. There is a website in place, which a new owner could develop further if desired. This represents an excellent opportunity to acquire a thriving and well-regarded garage services business, with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: TBA
 
  Current Rent: £1,700 per month
 
  Living Accommodation: Yes
 
  Details of Accommodation: Large garage workshop unit with high roller shutter doors, with alarm and CCTV cameras, situated on a popular industrial estate. Briefly comprising:

Ground Floor
• Main workshop area with 2 x 2-post ramps, 2 x 3-post ramps, 1 x 4-post ramp, MoT bay, spray booth, diagnostic equipment, a variety of hand and power tools
• Reception area with counter
• Customer waiting area
• 2 x WCs
• Kitchenette area
• Large storeroom with racking and shelving to suit

First Floor
• Large office with desks and chairs

External
• Secure gated compound with parking for approximately 20 vehicles

Vehicles
• 2 x vans
• Recovery truck
 
  Location: M H Autos is ideally located on a busy retail/industrial park on the outskirts of Peterborough in Cambridgeshire. The garage is surrounded by a wealth of complementary businesses and is just a short walk from the town centre. The estate lies on a bus route and the busy A1139 is just a short walk away. Peterborough is a vibrant cathedral city boasting a wealth of historic buildings and a popular shopping area. The A1(M) lies less than 6 miles to the west.
  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: 8.30am - 5.30pm
Sat: 8.30am - 1.00pm
Sun: Closed





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