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 termsNew lease available 6 9 or 12 years with a rent of £95 per week
LocationLocated in a nice residential area approximately 5 miles from Birmingham City centre
Expansion potentialHuge scope in an enterprising new owners hands to increase the present turnover
Support & trainingTuition will be given to any new owner
Reasons for sellingRetirement sale
Financing available?Finance available through Hurdley & Co.