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8864 LE LEICESTERSHIRE LEASEHOLD: £55,000 VEHICLE REPAIR CENTRE

Asking Price: GBP 55000
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Business Location: United Kingdom » Leicestershire » LEICESTERSHIRE 
Category: Services » Auto Repair, Parts & Services
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
Financial Information:  
Annual gross sales: (GBP) 60000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2002
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon – Sat: 9am – 5pm
Reasons for selling:
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.
Market competition and expansion:
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
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