Garage Workshop & Breakdown Recovery Service in Nottingham

Nottingham, Nottinghamshire
REF: INT1742

Asking Price:
£25,000
Annual Turnover:
£78,000
Annual Net Profit:
TBC
REF: INT1742
Photo of Garage Workshop & Breakdown Recovery Service in Nottingham
Photo of Garage Workshop & Breakdown Recovery Service in Nottingham
Photo of Garage Workshop & Breakdown Recovery Service in Nottingham
Photo of Garage Workshop & Breakdown Recovery Service in Nottingham

Overview

Tenure:
Leasehold
Established:
2020
  • Low Overheads
  • Well Equipped Business
  • Equipment Included
  • Spacious Premises

This is an exciting and rare opportunity to acquire a turnkey business that has huge potential for growth and expansion. All equipment is included in the sale with a total value of over £34,000.

The business offers a wide variety of services within the motor trade, including car sales, 24-hour recovery and vehicle movement, and repairs.

The current owner first set up in the business in March of 2020, just as the country was plunged into lockdown. Despite this, the business has launched successfully and is now operating at a high and reliable standard.

Since the company’s creation, they have already garnered a great number of clients, which will transfer over with the business sale, ensuring plenty of trade for the new owner.

The business sale even comes with equipment included, which means the new owner should be able to get to work straight away. This fantastic business is up for sale, as the current owner has a health condition, which means he can no longer manage the business.

The vendor is forced to sell due to ill health and is looking for a quick sale. Any sensible offers will be considered. This successful business would be perfect for someone hardworking, who is ready to maximise the company’s huge potential.

The workshop has an ideal location on a small industrial site, surrounded by other automotive-related businesses, all of which use the garage’s services. The site is entered from an access only road, with the business on the left-hand side. There is a highly visible car sales area, which can accommodate 12 vehicles, as well as some room for staff parking. The unit itself is incredibly spacious and has a purpose bult office, small staff room, and well-equipped workshop. The unit is incredibly secure, with 24-hour CCTV, a full security system, and an electric gate.

All equipment will transfer over, including a tyre changing machine, a wheel balancer, a laser tracking equipment, a 3.5-ton 4 post lift, a 5-ton 2 post lift, diagnostic equipment, 2 large safes, and much more.

The vendor is happy to offer a transitional period.

There is huge scope for growth with this business, as the current owner is selling due to ill health and has been unable to take full advantage of this company’s massive potential.

Expanding the used car sales operation, alongside growing the breakdown recovery and car delivery side of the business would be great ways to advance the business. Furthermore, it would be highly beneficial if the garage's services were marketed using social media platforms, as well as paying for local advertising.

Features

Key Information

  • MoT Centre: Yes
  • Number of Ramps: 2
  • Car Sales: Yes

Online Presence

  • Facebook: Yes

Location

  • Close to Local Businesses
  • High Footfall
  • On-Site Car Parking
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£17,000
Annual Rates
TBC
Lease Term (Years)
3
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

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