Well Established Car Repair Garage In The West Midlands For Sale - South Birmingham, West Midlands, United Kingdom
 
Advert Ref: 10574
 
 
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Business description
For sale car repair garage in the same owners hands for the last 34 years and only now selling due to retirement. The business carries out servicing mechanical repairs MOT repairs clutches brakes exhausts shock absorbers and repairs to light commercial vehicles. Operated from premise comprising fully fitted and equipped two car garage with small store WC and outside parking space for up to 4 vehicles. The premise to be secured on a new lease with a rent of £95 per week. The highly reputable business comes with a large selection of equipment and a long established client base. Sales currently average £850 per week with a 62% gross profit yield operating solely by the vendor. This concern offers an excellent platform for any enterprising new owner to build upon.
 
Years established: 34 years
Employees: Operated solely by the owner
Trading hours: Basically 8.30am to 5pm Monday to Friday and 8.30am to 12pm Saturday
 
Property
 
Lease terms
New lease available 6 9 or 12 years with a rent of £95 per week
 
Location
Located in a nice residential area approximately 5 miles from Birmingham City centre
 
Expansion potential
Huge scope in an enterprising new owners hands to increase the present turnover
 
Support & training
Tuition will be given to any new owner
 
Reasons for selling
Retirement sale
 
Financing available?
Finance available through Hurdley & Co.
 
 
 
 
 
Financial Details
Asking price:
£19,500
 
Sales revenue:
£44,200