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Popular Family Run Garage with Car Sales Pitch

Cambridgeshire

  • Asking Price: £85,000 +SAV
  • Turnover: The business reports a healthy turnover of £354,000 with gross profit at circa 40%.
  • Tenure: Leasehold

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Hilton Smythe is delighted to introduce to the market this family run concern which was originally founded by our clients in 2006 seeing year on year growth. The business has quickly established an enviable reputation and is well supported by local residents and businesses. The business reports a healthy turnover of £354,000 with gross profit at circa 40%. The business specialises in the servicing and repair to most makes and models of cars including light commercial vehicles. The premise is fully equipped and the business also offers a MOT service. To the front is a large forecourt area for parking and car lots sales (upto 17 + vehicles). We are advised that our client wishes to relocate out of the area to concentrate on the car sales aspect of the business, therefore all vehicles will be removed prior to the completion of the acquisition. However, there is still the potential for any new owner to continue this arm of the business at this site. This is a well-established business with a solid customer base and we highly recommend early viewing.

The business is owner run and managed with the assistance of 2 members of staff.

The business opens:- Monday to Friday 8.00am- 5.00pmSaturday and Sunday closed Potential to extend opening hours to take advantage of weekend trade.

The business is located in Cambridgeshire. Ideally located on an arterial road within a densely populated residential area from which the business derives much trade.

Extensive fully equipped work shop premises with:Fully equipped MOT bay with front sliding access doors and separate rear roller shutter door access, 4 x post ramp.3 other bays each with 2 x post rampCompressorTyre changing equipment,Wheel balancer,Break roller testerEmissions testerDiagnostic equipment Store area at rearToilet facilities Reception/waiting area with service counterOffice Large forecourt area for parking and car lots sales (upto 17 + vehicles).

Tenure
We are advised leasehold.Original lease length is 4 years1 year remaining on leaseRent is £1,000 per month.

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