Business for sale in United Kingdom - 8864 le leicestershire leasehold: £55,000 vehicle repair centre
| Asking Price: | 55,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 60,000 £ | ||||||||||
| Net Profit: | 1 £ | ||||||||||
| Year Established: | 2002 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | 1FT | ||||||||||
| Location criteria: |
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Business types:
Services
Business categories:
Auto Repair Shops
Business description
Advent Business Sales have been instructed
to offer for sale this well established
business that has been trading for over 25
years.
The business has been in the careful
ownership of the current vendor since 2002
and now has reluctantly been offered for sale
due to growing personal commitments.
Our client conducts car repairs and servicing.
In addition, a good proportion of turnover is
created in tyre sales and fitting.
The business is staffed solely be the vendor
on a full time basis, although there is scope
to introduce another mechanic to the
business.
The premises are equipped to a good standard
with quality equipment including:
• Tyre machine
• Wheel balancer
• Parts wash
• Compressor
• Tracking gauages
• Engine lift
• Hydraulic press
• Axed stand
• Trolley jack
• Towing equipment
• Bench grinders
• Assorted oil dispensers
• Racking
• 2 post lift
• Pillar drill
• Bead blaster
• Gearbox jack
• Waste oil/container
• Mig welder
• Gas cutting welding equipment
• Angle grinder
• A range of work benches
TRADING HOURS
Mon – Sat: 9am – 5pm
EXPANSION POTENTIAL
The scope to increase turnover is immense
and this could include:
1. Employing another mechanic to
distribute the work load
2. Increase tyre and exhaust sales and
fittings
3. Add MOT bay
4. The vendor has advised us that the
business could open 24 hours is so
wished
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £60,000
Gross Profit: 45%
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.
BUSINESS PREMISES
An approximate 700 sq ft lock up unit
comprising of:
Ground Floor
Double doors to the front
Fully equipped workshop
Tyre bay
Mezzanine floor
W/c
External
Boundaried area with own parking
Container for part worn and used
tyres
TENURE: Rented
Rent: £50 per week
We are advised that the annual business
rates are currently: £300
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
Additional information
| Additional information: | Not Disclosed |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | due to growing personal commitments. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | Rented Rent: £50 per week We are advised that the annual business rates are currently: £300 |
| Location: | The business is ideally located within a small industrial unit surrounded by complimentary businesses on a farm, close to Coalville. The surrounding businesses consist of a vehicle body shop, metal merchants and other associated businesses. There are ample parking facilities in and around the workshop; the A511 and the A50 provide excellent access to the area. |
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