Well known traditional garage for sale
- Asking Price: £155,000 +SAV
The owner reports a turnover in the region of £145,000 PA.
Please quote reference B05942
- Tenure: Freehold
Please quote reference B05942
Hilton Smythe welcomes to the market an exciting opportunity to acquire, on a freehold basis, an exceptionally well run, traditional garage business that has been trading for many years.
Business has been reduced from it's orginal value of £225,000, this has been the valuation given by various agents. The business is in a great location and all of the valuable assets are included in the sale.
Llyn Tyre Exhaust & Autocare is a family run business & was established over 30 years ago and is only now being offered to the market due to our clients’ desire to pursue other business interests.
The business operates 5½ days a week and offers a variety of services including mechanical repairs, services, engine diagnostics, engine remaps, diesel tuning, wheel alignment, air conditioning recharge service, spareparts and some car accessories.
This fully equipped garage can carry out repairs on all makes and models. They also stock a good selection of spare parts including tyres, engine oils, brake discs and pads and batteries to name a few.
The garage further benefits from having the majority of equipment in place to also provide MOT’s & this is something that could be re-introduced for a nominal outlay.
The business has built up an excellent reputation within the local area and further afield for the high quality of the services and parts offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours and with the re-introduction of providing MOT’s.
A new owner could also embark on a modest marketing campaign to highlight the business and the services offered, or perhaps branch out into the car and van hire business and car sales. The garage could further promote itself by introducing a dedicated website with the option to book in MOT’s & servicing work online.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.
The business is currently run by our clients and has 1 long standing member of staff.
Monday – Friday 08:30 – 17:00
Saturday – 09:00 – 12:00
The business is located in the coastal town of Pwllheli & is the principle town on the Llyn peninsula, the local area is well serviced in terms of local amenities and offers a range of shops, essential services and recreational facilities.
Further benefits include the excellent surrounding road network giving quick and easy access to the surrounding satellite villages and to the nearby towns of Porthmadog and Caernarfon.
Llyn Tyres Exhaust and Autocare benefits greatly from being situated in a highly visible trading location on north quay, close to the centre of the town.
The business occupies a large purpose-built industrial unit that has been fitted out to high specification & benefits from having easy access for larger commercial style vehicles, the accommodation briefly comprises:
Main workshop unit with access onto a parking bay via the 4m high sliding door, and a more recent modern steel framed extension with two electric roller doors (3.7m height), and a personnel door opening onto the secure forecourt which has vehicular access. internal accommodation includes reception area office and WC facilities to the ground floor with stockroom and office to the mezzanine floor.
A full equipment list is available on request.
We are advised that tenure is offered on a freehold basis, with a long-standing lease agreement via the local council for the land.
Currently 17 years remaining at £1560 PA