Freehold Motor Repairs
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Vendor's other commitments.
Description MOTOR REPAIRS BUSINESS FOR SALE IN SCUNTHORPE. REF: 8377DN. ASKING PRICE::52,995 FREEHOLD. Advent Business Sales have been instructed to offer for sale this popular motor repair business with excellent further potential.
Established over 1 year ago by the vendors, it is now reluctantly offered for sale due to the vendor's other commitments and future plans. The business is currently staffed by two partners on a full time business and is well equipped for purpose including 1 X Four post ramp, 1 X Two post ramp, Engine crane, Compressor, and Tracking equipment. Included in the sale is a recovery truck
which is currently not used to its full potential. The business is not advertised with large amounts of business generated purely from the location as local employees leave their vehicles for service and repair while at work.
TRADING HOURS.
Mon - Fri: 8.30am-5.00pm. Sat/Sun: Closed.
EXPANSION POTENTIAL.
There is excellent potential for growth including advertising the business locally.
There is further potential growth from marketing of the recovery service. FINANCIAL INFORMATION.
We have been advised by the vendor of the following:
Weekly sales: A1,400.
Gross Profit: 42%.
Accounts will be made available to interested parties after a viewing has taken
place. Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES.
Ground Floor.
- Frontage with parking with entrance door plus;
- Roller shutter door leading to workshop area with 4 post and 2 post ramps.
- W/C.
- Stairs to first floor.
First Floor.
- Office.
External.
- Parking to front for approximately 4 vehicles plus parking to side for up to 6
vehicles.
- Visitor parking adjacent.
TENURE: Virtual Freehold. (99 year lease) with 98 years remaining.
Ground Rent: A900.
We are advised that the annual business rates are currently: A600.
Click Here To Contact Seller
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