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£0 £1000000

Transit Van Maintenance & Repair Business in Blackburn, Lancashire For Sale

Blackburn, Lancashire

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£59,950 +SAV

Ref: 2642

Leasehold

Overview

Hilton Smythe is delighted to welcome to the market this well established and busy Ford Transit van maintenance, repair and parts specialist in Rishton, Lancashire. The business was established in 1990 and has been in our client’s careful ownership since 2014. Only now is the business being offered to the market due to our client’s other business commitments. The business operates 5 days per week and generates a turnover in the region of £110,000 per annum, with a gross profit of approximately 67%. Our client offers servicing and repairs to Ford Transit vans by highly skilled mechanics, as well as a vast selection of reclaimed spare parts for Ford Transit vans and other commercial vehicles. All the parts are fully checked, cleaned, inspected and assessed before being offered for sale. The business receives a lot of retail sales and also online sales, they offer delivery anywhere in the UK. The business has built up an enviable reputation within the industry for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth recommendations. The business is also advertised within local builder’s merchants such as Build Base and Howarth Timber. We feel the turnover could be increased by extending the opening hours, perhaps by offering Saturday trading. A new owner could also embark on a small marketing campaign to advertise the business and the services offered. There is already a website in place to promote the business at www.northerntransits.co.uk. We are advised the business is a number one stocklist with over 25 years’ experience in the trade. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Turnover
The business generates a turnover in the region of £110,000 per annum, with a gross profit of approximately 67%.

The business is owner run and managed with 3 x staff members.

The business operates: Monday – Friday: 8.00am – 5.00pmSaturday – Sunday: Closed

Northern Transit Ltd is ideally located on a large industrial estate within Rishton, near Blackburn, Lancashire. The business is surrounded by a wealth of complementary businesses and benefits from a high volume of footfall and passing trade. The business further benefits from good parking facilities to the front of the premises. Rishton is a township in the Hyndburn district of Lancashire. According to the 2001 census, the town had a residential population of 7,350. Amenities within the town include public houses, three primary schools and a high school. The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. Rishton railway station is approximately one mile away. The area is also well served by the A-roads, with the business being located just off the A678, which links to the national A-road and motorway networks. Blackburn is approximately 6 miles away and Burnley is 7½ miles away. Easy access from the M65 junction 7.

Ground floor lock-up premises, briefly comprising: 3 x service and repair bays.Half of the unit is used for storage.Office area.WC. Equipment included: 4 x post ramp.Compressors.Tyre levers.Various hand tools.Racking and shelving to suit trade.Workbenches. External with: Parking to front for approximately 15 x vehicles.CCTV and alarm system.

Tenure
We are advised Leasehold: Original lease length: 5 yearsRemaining lease length: 5 yearsReview every: 3 yearsRent: £600 per calendar month.

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