Car Component Supplier & Mechanical Centre In West Midlands For Sale

Business description

This Business is available either Freehold for £675,000 +sav or Leasehold for £325,000 +sav

HISTORY

• The business was founded by the present owners over 6 years ago

REASON FOR SALE

• The business is only now being reluctantly offered for sale as the partners wish to concentrate on their other unrelated businesses

PRODUCTS

• The business is an ‘Aladdin’s cave’ of car spares with a vast stock which fills the majority of the premises
• In addition, in the unlikely event of a part not being in stock, they are able to source it for delivery to the store within 24 or 48 hours

CUSTOMERS

• The majority of customers are within an approximate 6 mile radius of the store
• Circa 70% of customers are retail and 30% are trade to other local garages

SERVICES

• Rear mechanical workshop with 2 x 2 poster ramps
• The 2 mechanics carry out servicing and repairs to any make or model of vehicle, fit batteries or re-charge them and they also fit exhausts

STRENGTHS

• A very well established business, which has been trading for over 6 years
• Good high visibility location on a busy main arterial road
• Excellent customer reputation with a large repeat and referral trade
• Huge in-house stocks
• Own in-house mechanical only garage.









DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises

Property information

Property:

Leasehold

Location:

• The business has an excellent high visibility location on a busy main arterial road of a densely populated town in the West Midlands.

Premises details:

• A spacious single storey corner plot premises, which briefly comprise:
• Corner entry door into large sales area with 4 central gondola runs stocking the most popular sales lines
• Mixed slat wall and pin wall displays
• Long run side and rear serving counter
• Back office
• Kitchen and w/c
• Extensive rear stores, which have full height fully stocked racking
• Through to garage workshop which have 2 x 2 poster ramps, compressor, battery charger and a small press
• The premises are fully alarmed and also benefit from a 10 camera CCTV system
• Included within the asking price are 2 vans, a Peugeot Extra and a Partner on ‘07’ and ‘08’ plates
• Parking is free of charge on street all around the premises and neighbouring streets

Business Operation

Expansion potential:

• Having its own web site
• Extend the delivery service beyond the current 6 mile radius
• Look for more trade customers
• Have a sales rep to look for more trade customers
• Have on-line sales.

Trading hours:

• Weekdays 8.30am to 5.30pm
• Saturday 8.30am to 5pm
• Sunday 10am to 2pm

Employees:

• The business has 2 full time mechanics, a full time driver, 3 part time in the store who each work approximately 25 hours per week and a full time vendor.

Other information

Inventory / Stock value:

£250,000