Friendly & Reliable Garage in Cornwall

Bodmin, Cornwall
REF: INT1806

Asking Price:
£55,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: INT1806
Photo of Friendly & Reliable Garage in Cornwall
Photo of Friendly & Reliable Garage in Cornwall
Photo of Friendly & Reliable Garage in Cornwall

Overview

Tenure:
Leasehold
Established:
1996
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Well Equipped Business
  • Equipment Included

This is a unique opportunity to acquire a friendly and reliable garage, which has an ideal location on an industrial estate in Bodmin, Cornwall.

The business was first established in 1996, with the current owner taking over in 2018. The garage has always operated from the same location and is incredibly well-known in the local area. Over the years, the company has gained a loyal, repeat customer base and has built up an excellent reputation for their high-quality services.

Initially, the business had a focus on vehicular electrical systems and although this still accounts for plenty of custom, the garage now also completes a lot of general service and repair work.

Even though the garage doesn’t do MOTs, they have a brilliant agreement in place with an MOT station nearby. Following an MOT with their partners, customers can then come to the garage to get their repair work done.

There are three other garages on the same industrial estate, however, there is more than enough trade from the local area.

The garage comes incredibly well-equipped and has the capacity to operate as a three-person business if the new owner desired. With huge potential for growth and a long-standing client base, this successful business would be perfect for a trained mechanic, who ideally has a specialism in car electrical systems.

The garage operates from a busy industrial estate in Bodmin, Cornwall. The property is a semi-detached industrial unit with two ramps, one of which is a two-poster and the second of which is a four-poster. Behind this, there is further room for a third car. The premises also have an office, with storage space above. To the rear, there is a toilet, again with additional storage space above. The garage is fully equipped with shuttered doors, CCTV, and alarms.

All equipment will transfer over with the sale, including ramps, compressor and diagnostic equipment, a recovery truck, testing kit and tools, and much more.

The current owner is happy to offer an initial transitional period, to ensure there is a smooth and efficient business handover.

This thriving business would be the perfect opportunity for a trained mechanic, who ideally has a specialism in car electrical systems.

There is huge potential for growth with this business, as currently, the owner is the only employee. Previously, the garage has operated as a three-person business, so there is huge scope to return to this. There is plenty of work in the local area and there will be more than enough custom for three employees.

Features

Key Information

  • Number of Ramps: 2

Reputation

  • Google: 5

Location

Loading...
  • Close to Local Businesses
  • On-Site Car Parking
  • Nearby Car Parking

Property

Annual Rent
£5,616
Annual Rates
TBC
Lease Term (Years)
6
Lease Expiry (Years)
2023
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup