Under Offer
Well established Mercedes Benz specialist garage for sale
Amersham, Buckinghamshire
- Asking Price: POA
-
Turnover:
We are advised as per the 2022 accounts, the business generated an annual turnover in the region of £385,000. Full financials can be made available upon further request.
Please quote reference B06731
- Tenure: Leasehold
Please quote reference B06731
Hilton Smythe is delighted to present to the market Roger Edwards Motors, a specialist classic Mercedes Benz car garage first established in the area in 1984.
The highly renowned garage specialises in the Repair, Restoration and Service of pre 1990 Mercedes cars and its 5 star Google review score has been achieved by its excellent record of service for hundreds of happy customers over the years.
Roger Edwards Motors is now being sold due to our clients decision to now pursue other business interests and relocate.
As you can see from the business photographs attached, the garage works on some very classic Mercedes models with restoration work valued from £1,000 - £500,000.
The garage is always fully booked with repairs in line for the next 12 months! We are advised our clients are forced to turn away on a regular basis.
Key selling points -
- Leading UK garage for Mercedes repairs at this level
- Work on classic, vintage & veteran cars
- Full business handover offered
- Equipped to a very high standard
- Opportunity to significantly increase current turnover
- Recommended by Car Club
- Members of Mercedes-Benz owners and lovers worldwide, Mercedes old-timer
- 5 star Google reviews
- Facebook page
The sale of the business includes -
- 3 Two post ramps
- 1 Scissor lift
- 3 Trolly jacks
- 1 Pit lift
- Media blaster
- Welding plant Mig
- Oxy and acetylene plant
- Plasma cutter
- Bosch diagnostic machine
- Co tester
- £20,000 - £30,000 worth of used parts for classic Mercedes from 1950/1980s
Very rarely do repair garages of this level come on to the open market and we therefore strongly advise early enquiry to avoid disappointment.
We are advised that the business has 1 full-time member of staff. Further details about the current staffing situation can be discussed with the seller.
The business hours are -
Monday – 8:30am – 5:30pm
Tuesday – 8:30am – 5:30pm
Wednesday – 8:30am – 5:30pm
Thursday – 8:30am – 5:30pm
Friday – 8:30am – 5:30pm
Saturday - Closed
Sunday - Closed
The business only operates 5 days a week, but weekends are also permitted so 7 days is a possibility for the new buyer to look at.
Roger Edwards Motors occupies a large secure trading unit within the St. Georges Industrial Estate on White Lion Road in Amersham.
The St. Georges Industrial Estate is a prestigious estate of modern industrial units with free on-site parking, located on the edge of Amersham town centre.
The garage is surrounded by an excellent selection of complementary businesses which include Topp Tiles, Toolstation, CPC Performance Engineering, Grant & Stone Bathroom Showroom and Plumb Plus services.
Amersham is a very desirable market town located in the affluent county of Buckinghamshire, 27 miles northwest of central London and 15 miles from Aylesbury.
The town is very easily accessed off the nearby M40, M25 and M1 motorways.
As the garage is a specialist repairs business, it attracts customers from around the country.
Amersham mainline station is just 5 minutes’ walk away from the garage.
There is free customer parking directly outside the unit.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 2.5 years remaining as of 2022 on the 5 year lease. The rent is £3,641 per month and has rates payable at £12,180 per annum.
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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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