Business for sale in United Kingdom - 8377dn-£79,995 freehold (99 year leasehold) + sav-scunthorpe-motor repairs
| Asking Price: | 79,995 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 1,400 £ | ||||||||||
| Net Profit: | 0 £ | ||||||||||
| Year Established: | 2006 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Services
Business categories:
Auto Repair Shops
Business description
THE BUSINESS
Advent Business Sales have been instructed
to offer for sale this popular motor repair
business with excellent further potential.
Established over 1 year ago by the vendors,
it is now reluctantly offered for sale due to
the vendor’s other commitments and future
plans.
The business is currently staffed by two
partners on a full time business and is well
equipped for purpose including
1 X Four post ramp,1 X Two post ramp,
Engine crane, Compressor, and Tracking
equipment.
Included in the sale is a recovery truck
which is currently not used to its full
potential.
The business is not advertised with large
amounts of business generated purely from
the location as local employees leave their
vehicles for service and repair while at work.
TRADING HOURS
Mon – Fri: 8.30am-5.00pm
Sat/Sun: Closed
EXPANSION POTENTIAL
There is excellent potential for growth
including advertising the business locally.
There is further potential growth from
marketing of the recovery service.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £1,400
Gross Profit: 42%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
Additional information
| Additional information: | Not Disclosed |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | NA |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | BUSINESS PREMISES Ground Floor Frontage with parking with entrance door plus; Roller shutter door leading to workshop area with 4 post and 2 post ramps. W/C Stairs to first floor First Floor Office External Parking to front for approximately 4 vehicles plus parking to side for up to 6 vehicles. Visitor parking adjacent. TENURE: Virtual Freehold (99 year lease) with 98 years remaining. Ground Rent: £900 We are advised that the annual business rates are currently: £600 |
| Location: | The business occupies a prime location in an end of block unit within a busy industrial estate. The Unit is surrounding by a number of large employers and has excellent transport links. The premises also benefits from excellent parking facilities including 4 spaces to the front of the premises, up to 6 spaces along the side of the unit plus visitor parking. |
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