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8916ST STAFFORDSHIRE F\H£550000 FREEHOLD GARAGE, MOT & COMMERCIAL SALES

Asking Price: GBP 550000
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Business Location: United Kingdom » Staffordshire » STAFFORDSHIRE 
Category: Services » Auto Repair, Parts & Services
Description:
LOCATION
The garage and MOT station is located on a prominent industrial and residential area in Fenton,
Stoke on Trent. It is positioned in a highly visible location just off a busy main road which benefits
from a high level of passing traffic.
There is ample parking in the forecourt, room for over 40 vehicles..
The area can easily be accessed by the nearby A50 and A52 with close links to the M6 motorway
junction.
ASKING PRICE:
FREEHOLD: £550,000 + SAV
THE BUSINESS
Advent Business Sales is pleased to offer to
the market this extremely well established
and profitable garage and MOT station with
commercial vehicle sales.
The business, which was founded by the
current owners over 40 years ago. It is now
reluctantly offered for sale due to plans to
retire.
The station conducts MOT’s and is approved
for class 4 vehicles.
The main line of business is in servicing and
repairs and diagnostics, including gearbox
and engine work especially for the higher end
and premier vehicles.
Our client has built an enviable reputation
with customers coming to this garage
specifically for quality workmanship and
customer care.
The premises in its entirety, is approximately
10,000 sq ft with 4000 sq ft workshop and
office space.
Further services on offer include:
• Vehicle repairs
• air conditioning
• Commercial vehicle sales
• Fully equipped valeting bay
The garage is fully equipped including:
• Heavy duty steel work benches
throughout workshop
• Compressor – Ingersoll rand
• Diagnostic equipment
• Mig and tig welder
• 2 x 4 post ramps
• Working pit
• MOT bay also fully equipped
• Air conditioning machine
A husband, wife and son team with 1
qualified tradesman/mechanic and sub
contractors as and when required staff the
business.
REF: 8916ST
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £600,000
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
A large commercial premise of approximately
10,000 sq ft with added security of a full
alarm system.
Ground Floor
• Reception area
• 2 x offices
• w/c
• Workshop 1
• MOT bay
• Further w/c
• Storage areas
• Staff area
External
• Large gravel forecourt for
commercial vehicles
• Valeting bay
• Compressor room
• Storage area
• Fenced all round
TENURE: Freehold
We are advised that the annual business
rates are currently: £4,489
 
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Financial Information:  
Annual gross sales: (GBP) 600000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1968
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 1
No of trading hours: Mon-Fri: 8.30am – 5.30pm Sat: 9am – 1pm
Reasons for selling:
 It is now reluctantly offered for sale due to plans to retire.
Market competition and expansion:
 The business offers excellent scope to increase both turnover and profits further by: 1. Advertising more 2. Increasing vehicle sales and possibly introducing car sales. 3. The premises would be a fabulous acquisition as the sheer space lends itself to accommodate various business concepts.
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