Leasehold Garage For Sale

Business description

Advent Business Sales have been instructed to offer for sale this extremely well established and thriving garage.

The business, which commenced trading in 1996 was founded by our vendors and is only now being offered for sale as one of them wishes to retire.

The garage specialises in the repair and servicing of Audi’s and Volkswagon. Although, of course all other makes and models are catered for.

The business offers a collection and delivery service and enjoys an excellent reputation for quality work at reasonable rates which are well below main dealer levels.

The business is being offered as a fully equipped and operational concern which would allow a purchaser to walk in on day one and trade profitably.

One of our two vendor’s is prepared to stay with the business and work for a new owner which would ensure good continuity.

All equipment is included in the sale, this comprises of:
• 2 x poster ramps
• Press
• Diagnostic tester
• Gas analyser
• Parafin blow heater
• Scanner
• Water pressure tester
• Trolley jack
• Compressor
• Engine oil pump
• Oil dispenser
• Gear box and axle stands
• Hand and specialist tools – a considerable quantity

ref:8592GL

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: No formal lease
Rent: £13,000 p.a.

The landlord charges a flat annual rent of only £13,000 per annum but this is inclusive of the generator, water rates and electricity.

We are advised that the annual business rates are currently: TBC

Living accommodation:

BUSINESS PREMISES • Approximately 2000 sq ft premises – entry to the garage is via a good height roller shutter door. • 2 x 2 poster ramps • Side office with storage over • Paraffin blow heating • W/C to rear of office

Location:

The garage is ideally located in the centre of a small industrial estate near Stroud in Gloucestershire.

The area is known as the Silicon Valley with lots of high tech companies all around and unemployment is locally low.

Stroud is accessed by the M5 at junction 13 which provides road links to most.

Other information

Expansion potential:

Although an already very profitable garage, the business still offers excellent scope to increase both turnover and profits further by:
1. Installing sufficient equipment to carry out MOT’s which are currently taken to another garage to be done
2. Increasing the hourly charge out rate, which is less than half of the main dealer rates
3. Offering a tuning service to the higher performance cars
4. Selling cars from its good sized car park
5. Accepting credit cards as only cash or cheques are taken at the moment.

Trading hours:

mon-fri 8.30-5.30pm, sat 8.30am-12noon, closed sunday

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars

Contact the seller