For Sale
Well Established Garage For Sale
York, North Yorkshire
- Asking Price: £165,000 +SAV
-
Turnover:
We are advised the business generated a turnover of circa £150,000 as of 2019/2020, further financial information can be made available upon request.
Please quote reference B06436
- Tenure: Leasehold
Please quote reference B06436
Hilton Smythe welcomes to the market, Auto Services York.
Auto Services York was founded by the current owner in 2009 and has flourished since then accruing an impressive number of regular customers along with a great reputation. The business is now being sold albeit reluctantly, only due to the vendors wish to relocate abroad, he is keen to see his beloved garage and Mot garage pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level
Auto Services York offers a wide range of car and van repair services including:
- Gear box repairs
- All makes servicing
- Diagnostics
- Tyres and Exhausts
- Air Con recharge and repair
- Brakes and Clutches
- Wheel alignment and suspension checks
- Battery replacement
- Timing Belts
The sale will include the company website (autoservicesyork.co.uk) and the business benefits from impressive reviews online.
Scope to improve
- Advertising and marketing campaign
- Maximise the use of social media particularly Facebook and Twitter
- Extend the opening hours
- Introduce a company loyalty card / scheme
- A well established business with an enviable reputation and many existing customers
- Ideal owner managed or partnership business
- All fixtures and fittings included making this a real Turnkey business opportunity
- Current owner happy to offer a handover to ensure the continued success
- Low running costs with inexpensive rent and no business rates
Hilton Smythe highly recommends early enquiry to avoid disappointment.
This great little business is likely to attract considerable interest.
The business is owner run and managed with an additional 2 self-employed full time staff members.
The business trading hours are as followed:
Monday to Friday - 08:00am - 17:00pm
Saturday - 08:00am - 12:00pm
Sunday - Closed
Auto Services York is located in York.
York is a cathedral city in the Yorkshire and Humber region and in mid-2019 had a population of 210,618.
The city lies at the intersection of the A19 road from Doncaster to Tyneside, the A59 road from Liverpool to York, the A64 road from Leeds to Scarborough and the A1079 road from York to Hull. The A64 road provides the principal link to the motorway network, linking York to both the A1 (M) and the M1 motorways and the Trans Pennine M62 motorway is less than 20 miles away providing links to Manchester and Liverpool.
Auto Services York is situated on a modern industrial estate and sits alongside other complimentary businesses. The business is beautifully presented and fastidiously maintained with clear visible signage. There is ample free parking immediately outside the premises.
Auto Services York occupies modern, purpose-built premises that are fastidiously maintained and briefly comprise:
Reception
With glazed door and window to the front creating a light, airy and inviting interior. Reception desk and card machine etc. Customer waiting area, door to.
Workshop
Immaculately presented and well equipped. High ceilings with LED lighting enhanced by fluorescent lighting at wall height, three 2 poster ramps, tyre machine, wheel balancing machine, standing press, freestanding racking, work benches with useful storage beneath. Kitchenette area with a run of Beech effect base units and complimentary worktop, tile splash backs, space for fridge, kettle, microwave etc. Wall mounted paper towel dispensers.
WC
With close coupled toilet and hand wash basin.
Tenure
We are advised the business is being sold on a Leasehold bases with a new Lease to be agreed with a new buyer, the rent is currently £650 per month.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
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
Rates may differ as they are dependent on individual circumstances. Subject to status.
