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Long Established Mot & Service Garage For Sale

Wisbech, Cambridgeshire
Asking Price:
£249,995
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market AJs Garage, which has been a garage serving the local community and surrounding areas for approximately 50 years. Our client is selling due to moving out of the area.

AJs Garage sells unleaded petrol and diesel from 2 pumps on the forecourt and has a service garage, which also carries out Class 4 MOTs. There is also a small retail shop to complement the fuel sales.

Our client took over the business from the previous owners at the beginning of 2018 when the previous owners were in the process of winding down the business and have now built the business up again and regained many original clients. The business has been approached by larger companies to carry out repairs on their vehicles also to have fuel accounts.

Our client does not advertise or have any social media pages or website, these are definite areas that should be looked at to increase the growth of the business.

There are many reasons to buy AJ's Garage including:
• Prime location for fuel sales

• Increase the retail sales

• Advertise to generate further growth

• Freehold sale

• Possibilities for further development (subject to planning)

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
AJs Garage is located in Terrington St John, which is a village just off the main A47, halfway between Kings Lynn & Wisbech.

Terrington St John is a village that had a population of 891 as of the 2011 census and has several other surrounding villages which it serves.

Premises
Outside

• Garage forecourt to the front with 2 pumps serving diesel and unleaded petrol

• Parking to the side of the at least two cars on a shingled area

• Pedestrian access to the shop and drive to the garage workshop

Shop

• Window to the front

• Service counter

• Desk with computer

• Shelving for oil and retail sales

• Drinks display fridge

• Waiting area/viewing area for mot with soft seating

• Door to the MOT office

The MOT office has desk with MOT computer and a door to the garage workshop.

The garage workshop has a roller door to the front and a sliding door to the rear, the rear is accessed via the road directly behind the garage and is primarily used for MOTs. The main workshop has amongst other items

• 2 x 2 post 3-ton ramps

• MOT pit with all telemetry equipment

• Compressor

• Tyre equipment

• Jacks

• Engine crane

• Gas analyser

• Toilet area

• Kitchen area

Tenure
We are advised the business is being sold as a Freehold business opportunity.

Hours
The business opening hours:
Monday - Friday: 8.00 am – 5.00 pm

Saturday: 8.00 am – 12.00 pm

Sunday: Closed

The hours of the fuel station and shop could be extended to 7 days a week to increase turnover.

Staff
The business is run and managed by our client, with the help of 1 part time and 1 full-time member of staff.

Financial Profile
AJ's Garage generated an advised turnover of circa £69,000 in its second quarter of trading, which was summer/autumn 2018 and made a net profit of £2100.

Our client informs us that trade has picked up since that time and the second quarter should increase in turnover and profit.

Our client has the previous owners accounts which show a regular healthy profit.

The assets in the business are conservatively worth in the region of £10,000

Property information

Property:

Freehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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