• Listing ID: 1264615
  • (Seller ref: 2916)

Garage Services Business In Peterborough Cambridgeshire For Sale


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Asking price:
£320,000
Sales revenue:
£416,000
Cash flow:
Available on request

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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:
Leasehold
Lease terms:
TBA
Rent: £1,700 per month
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.
Premises details:
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

Trading hours:
Mon - Fri: 8.30am - 5.30pm
Sat: 8.30am - 1.00pm
Sun: Closed

For more information about this business for sale, click the Contact Seller button.


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