Financial Details
Asking price: £280,000
Sales revenue: £450,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
HISTORY

The business has been under same ownership for the last seven years and is extremely well known and respected business throughout the UK and surrounding areas.
PRODUCTS & SERVICES

This exceptional business specialises in the repair, servicing and MOT’s of VAG (Volkswagen Audi Group) including Seat and Skoda) cars, along with all other makes and models
It also deals with high specification performance tuning and diagnostics.

CUSTOMERS

The majority of customers are predominantly from the immediate and surrounding areas.

SUPPLIERS

Being a VAG specialist the business ensures that all parts used are genuine service parts from quality suppliers

STRENGTHS

• High profitability and margins
• Ever-growing market
• Excellent location
• Security (Full secure fencing all round)
• Strong margins and increased turnover
• Extremely well established and respected
• Superb trading premises
• Little competition in the surrounding area
• Impressive website
• Extremely rare leasehold investment and acquisition
REF: 9602WV
General Information
Trading hours:Mon to Fri: 8am to 5.30pm Sat: 9am to 1pm
Property:Leasehold
Lease terms:Leasehold Original Length 5 years Remaining: 2 years Rent Review: 3 years Rent: £15,000pa Rates: £4,760pa
Location:A superb, established and extremely profitable business located in an affluent area of the West Midlands and situated in a busy industrial estate with many complimentary businesses close by. The business benefits from good access to the main road networks.
Premises Details:A purpose built unit complete with five bays (four ramps), office, reception and parking, extremely well fitted and briefly comprising:
• Highly equipped workshop approx 3,000sqft
• Mezzanine used for stock and storage
• Office area
• Reception area
• Parking for up to twelve vehicles to the front with secure fencing
• Parking for spares and repairs to the side for up to sixteen cars with secure fencing
• Full alarm system
• Full CCTV
Expansion potential:• Ideal for a working partnership • Would lend itself as a bolt-on for a business in the same sector • Scope to introduce an MOT bay for in house MOT’s
Reasons for selling:Vendor’s retirement intentions.
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