Sold
Prestigious Motor Vehicle Service Business in Suffolk For Sale
Suffolk
- Asking Price: £29,999 +SAV
- Turnover: The business reports a turnover of circa £120,000 with a gross profit of 62%.
- Tenure: Leasehold
Hilton Smythe welcomes to the market this prestigious motor vehicle servicing business. This high end business was originally founded by our client some 23 years ago, and only now does the business come to the market as our client looks towards other business ventures. The business reports a turnover of circa £120,000 with a gross profit of 62%. The business deals in the servicing of all types of makes and models of classic vehicles and specialise in Jaguars, and is very well known in the area, benefitting from much repeat trade and word of mouth referrals. The workshop is very well equipped and the size of the premise could easily accommodate expansion. Perhaps, extending the services offered to MOT work or bodywork. We also believe the business would benefit from a marketing campaign, and the introduction of a website or having a presence on social media websites would further promote awareness of this outstanding concern.
The business is solely run and managed by our client.
The business opens:- Monday to Friday 8.30am – 5.30pmThe business occasionally opens on Saturdays
The business is located in Suffolk The business runs from a fully equipped modern unit in an industrial area, however, the business is close to many housing estates from which the business derives much trade.
Full height roller shutter leading into main workshop. Open plan workshop with the following equipment:- 1 x unbranded 5 tonne press1 x Blue Point branded R-12 & R-134a refrigerant management centre 1 x Bradbury branded 2800kg 2 post ramp1 x unbranded tracking device1 x SNAP ON branded computer smart battery charger Multiple other hand tools. Multiple racking and shelving units throughout workshop
Tenure
We are advised leasehold.The original lease length is 4 yearsA new lease is negotiableRent is £9000 per annum + VAT
