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8377DN VIRTUAL FREEHOLD MOTOR REPAIRS £52,995
Asking Price:
GBP 52995
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Business Location:
United Kingdom » Lincolnshire » SCUNTHORPE
Category:
Services
»
Auto Repair, Parts & Services
Description:
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.
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
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Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
72800
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
2007
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
Number of Employees
:
2FT
No of trading hours:
Mon – Fri: 8.30am-5.00pm
Reasons for selling:
now reluctantly offered for sale due to the vendor’s other commitments and future plans.
Contact Seller Now
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