For Sale
Award Winning Car Repair/Mot & Car Sales Business For Sale
Loughborough, Leicestershire
- Asking Price: £224,995 +SAV
-
Turnover:
We are advised the business generated a turnover of £858,880 as of 2019 (Pre-Covid), further financial information can be made available upon request.
- Tenure: Leasehold
Please quote reference B07932
CoGoGo are pleased to present to the market Dash Cars Ltd, a highly rated MOT, Repair and Car Sales Garage.
Dash Cars was established within the area over 30 years ago and is well renowned for its level of MOT/repairs, choice of cars and service.
The ‘Turnkey’ business opportunity is now being made available for sale due to ill health, however our client has offered a full business handover to ensure the smooth transition with the new buyer.
Dash cars offer MOT and repair work on all models of cars and can provide servicing for new cars at a fraction of main dealer costs without invalidating the manufacturer’s warranty.
The business are proudly known to be the premier fitter for ‘Blackcircles.com.’
They have the latest 3D 4 -wheel alignment camera technology which gives a more accurate alignment than the more common laser wheel alignment.
The large car sales forecourt can hold up to 45 cars, they have an unrivalled reputation for great quality used cars with a varied choice for all budgets and lifestyles. (Part Exchange welcome)
There are several offices on the first floor level which could easily accommodate a secondary business or be rented out to create an additional income stream.
Due to the level of work carried out, our client carries out minimal advertising. We recommend any new owner look to develop both the social media sites and website to attract new customers.
Key selling points -
- AA registered dealer
- Blackcircle award winning garage i 2021 & 2022
- One stop dealership
- Car finance available
- Car parts delivered within the hour
- Includes large choice of assets/equipment
- Large premises
- Rental income potential
- Very desirable location
- Car sales space for 45 cars
- Trained team in place
- Business handover offered
- 3 Poster ramps 3.2 Ton each
- 1 Snap on 4 poster M.O.T ramp all recently serviced
- Snap on M.O.T centre etc
- Snap on time machine 3rd arm
- Wheel balancer
- 4 wheel digital ling aliment Snap on
- Comp comb belt lock on tool
- Mid welder
- 1 ton crane
- Oil disposal
- Various Work benches
- Air Gun
- Air Con Machine
- Large Air compressor with pipes
- Special tools and spring compressor Suspension tools
The garage comes with a team of 4 trained vehicle technicians and 4 part time technicians in place with the ability to increase if required.
The business trading hours are as followed:
Monday to Saturday - 09:00am - 17:30pm
Sunday - 10:00am - 16:00pm
Dash Cars occupies a large trading unit on Royal Way in Loughborough.
The busy garage sits centrally to other key destination businesses which include Wickes, Dulux Decorating Centre, Jewson’s, Toolstation, Aldi and the NSC Arena.
Dash cars is well positioned just on the outskirts of Loughborough town centre and can be accessed just off Belton Road which is the main link road to the nearby A6 (Derby Road).
Loughborough is a very popular market town in the Charnwood borough of Leicestershire and renowned for its excellent University.
The business benefits from free customer parking directly outside the garage unit and the nearest mainline station is Loughborough which is approximately a 10-minute walk away from the garage.
The premises comprises of the following:
Front (external)-
Large forecourt space for up to 45 cars
Customer parking area
Ground floor (internal)-
Customer waiting area
Large service counter with rear office
Customer toilet facilities
Large workshop space
Staff toilet facilities
First floor (internal) -
3 x offices (1 overlooking the garage workshop)
Tenure
We are advised the business is being sold on a Leasehold basis with a new 5 year Lease to be offered to a new buyer, the rent is £1,833 per month.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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