Summary
- Asking price:
-
£450,000
- Sales revenue:
- £2,635,100
- Net profit:
- Available on request
- Employees:
- The business is at pressent operated by the vendor's son with the assistance of his wife on a part time basis plus 1 part time book-keeper. In addition, there is 1 full time salesman, 1 part time store person, 3 full time mechanics plus 1 full time with the assistance of his son in the spray shop. In addition, there are 2 full time valet staff.
Business description
SPACIOUS SITE in all in the region of 1.5 acres.
Tarmaced display area for approximately 200 vehicles
Large reception office with desks
Ladies' and gentlemen's cloakrooms
Large workshop with spray booth, space for up to 6/7 vehicles plus spray shop
Main workshop with 3-4 Poster Lifts plus 3-2 Poster Lifts and MOT bay
Property information
- Lease terms:
- The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing insuring and repairing lease at a rental of £75,000 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 24 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Location:
- Excellent trading position KENT TOWN
Other information
- Expansion potential:
- WE ARE INFORMED the sales year ending 31st January, 2008 showed £2,635,102 with a gross profit of £621,315 (including commission received of £22,162).
- Reasons for selling:
- To Include The New Lease, Goodwill, Fixtures & Fittings £450,000 Plus Stock At Valuation
Substantial Loan To An Approved Applicant
- Trading hours:
- -
- Financing available:
- Substantial Loan To An Approved Applicant.