Car / Vehicle Sales, Servicing, Diagnostics
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $2738388
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale This is a genuine retirement sale where the 2 directors are now looking to relocate closer to other family members in the North of the country.
Description Independent Car/Vehicle Sales, Servicing, Diagnostics, All Models of Cars,
One stop shop including MOT'S, tyres, exhausts and repairs
Ref.AL230
Location East Anglia
Asking Price œ 195,000
Turner Butler are delighted to offer for sale this family run, established business offering a comprehensive range of garage services. The business has been built up over the years on the high quality of service delivered to all its customers. The owners have created a business which now boasts a most impressive annual turnover and would be an ideal base for new owners looking to enter this market or as a bolt on business for an existing operator looking for a foothold in this location.
The business essentially has two sides to it. The first being the sale of new and used cars and vans, which is then complimented by the full range of services provided by the repair and service centre. The owners oversee the running of the business supported on a day to day basis by the capable team of employees.
The trading name of the business is synonymous within the surrounding area and has been trading in the location since the late 1800's. The business has been under its present ownership since the 1950's and during this time the premises and the business have undergone some major transformations, however the attention to detail and quality of service has remained the same.
The garage is renowned for offering a full range of services for all vehicles.
The annual turnover for the business is in the region of 1.63M with a gross profit margin of œ170,000. The EBITDA for the business to exclude any one-off costs is in the region of œ60,000 pre any owners drawings. Full Limited company accounts can be provided to interested parties at a later stage.
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