Advert Ref: 1844NR
Well Established Garage Services In Prime Central Location For Sale
- Financial Details
- Asking price: £50,000
- Sales revenue: £291,698
- Net profit: Undisclosed
- Fixtures value: Undisclosed
- Stock value: Undisclosed
- Business Description
- Reason for Sale: This is a genuine retirement sale.
The vendor has been trading in the garage sector since 2002. The business was incorporated under the current trading name in 2013. Website introduced.
The business offers the following services:
• Car servicing and repairs
• General mechanics
• Wheel alignment
• MoT (sub contracted out)
There is a good selection of tyres available for a wide range of vehicles, including:
• All ages from 18 to OAPs
• Mainly from Norfolk
• Account customers
• Taxi firms
• Estate Agents
• Major retailer
• Car sales
• Same industry sector
• Regular/repeat customers
EPC Not Required
To arrange a viewing please contact the agent.
DISCLAIMER: Viewing is essential to fully appreciate this business and is strictly by appointment only through the agents. All negotiations must be conducted through Advent Business Sales. Businesses/Properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.
These particulars are provided as a general outline only for the guidance of intended purchasers or lessees and do not constitute all or part of an offer or contract.
All information supplied via Advent is based upon information supplied by the Vendor who has warranted to Advent that all of the information is accurate. Nevertheless, details are given without responsibility by Advent Business Sales Ltd for any or all descriptions, dimensions and reference to condition or value. Intending purchasers should not rely on these details as statements or representations of fact but must satisfy themselves of their accuracy by inspection, by independent advice and/or other appropriate means.
No person representing Advent Business Sales Ltd has any authority to make or give any representations or warranty whatsoever in relation to this or any other property.
- General Information
- Trading hours:Mon – Fri: from 8:30am to 5:30pm
Saturday: from 8:30am to 1:00pm
- Lease terms:• Leasehold
• 2 year lease
• £1,340 monthly rent, which includes a management charge
• £129 per month rates
- Location:This multifaceted Norfolk garage business enjoys high levels of passing traffic close by.
There are six designated parking spaces, with additional free parking available.
The business is in a prime central location with no issues regarding access or parking.
- Expansion potential:This is already a well established and profitable concern, although it still offers excellent scope to increase both sales and profits further by:
1. Doing own MoTs
3. Increasing hourly labour rate
4. Increasing tyre prices
5. Extending trading hours
6. Employing more staff
7. Move to a larger unit/site
8. Economies of scale for an existing player in the same market