Business Summary:
Fully Equipped Garage-
Workshop, Repairs & Used Car Sales
Ref.AL137
Location North Shropshire
Asking Price £ 150,000
This now well established and truly independent garage has been successfully trading for some 13 years. The owner has built the business on the belief that quality, service and honest, old fashioned values make them the ideal choice for its many satisfied customers.
Having invested in modern technology and equipment the garage can quickly and accurately diagnose faults, and provide full service and repair to vehicles. The business has extensive experience and knowledge of vehicle modifications, performance tuning and motor racing so customers receive the very best advice and workmanship.
The business has almost 5000 cars registered on its database and it keeps clients updated with service and repair reminders to ensure a consistent flow of business. Approximately 80% of revenues are generated through private clients, the remaining 20% being attributed to commercial/B2B customers.
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| Year
Business was Established: 1996 |
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| Facilities / Terms of Lease:
The premises are ideally located on a busy industrial estate in the main car centre of the town. It has a large amount of parking available. The vendor owns the freehold and would be prepared top set up a suitable lease with the new owner. He may also consider selling the freehold subject to negotiation (circa £100,000). The workshop is circa 2500 square feet. |
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| Potential
Growth/Expansion:
The business has achieved steady and consistent growth over recent years and it is accepted that a new owner with new energy, drive and commitment could easily build on what is a truly established and reputable business. |
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| Competition:
The business utilises local radio, local press and also has a highly informative website. It enjoys very high levels of repeat business and referrals through the best form of advertising, word of mouth recommendation. It keeps all customers cars on its own database (circa 5000 cars) and updates clients regularly with regards to servicing/MOT reminders etc. |
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| Owner
willing to train:
The current owner would be happy to provide full training and support at handover. He is also willing to stay on within the business for an agreed period after the sale subject to negotiation. |
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| Reason for selling:
N.A. |
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Seller Reference Number: AL137
BusinessMart.com Listing Number: 59287 |
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