Financial Details
Asking price: £220,000
Sales revenue: £220,000
Net profit: £66,000
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale

Business Description
Advent Business Sales are pleased to offer to the market this extremely well established and profitable niche garage.

Founded over 22 years ago by the present vendor, the business is only now being offered for sale to enable him to concentrate on his kart racing and to demonstrate formula one cars.

The garage has an excellent local reputation for quality work at reasonable rates, which are considerably below those of main dealer levels.

The garage, services, tunes and repairs any make and model of both cars and motorcycles but specialises in Japanese and prestige cars with most work arriving via personal recommendation and word of mouth with the only form of advertising being its own web site and that of an affiliate where it is Northamptonshire Official Superchip Dealer.

The business is fully equipped for purpose and includes:
• 2 x 2 poster ramps
• 1 x Dyno Cell for motorcycles
• Pillar drill
• Motorcycle ramp
• Press, gearbox jack, gas analyser
• Compressor, tyre fitting bay for motorcycles
• 2 sets of diagnostic equipment
• Various hand tools

The garage has 3 full time employees including our client and achieves excellent annual net sales of circa £220,000.

We are advised that stock at cost is approximately £20,000.
REF: 9236NN
General Information
Trading hours:Mon – Fri: 8.30am – 5.30pm Sat: 8.30am – 12.30pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 6 years Remaining lease: 3 years Review every: 3 years Rent: £12,500 P.A. We are advised that the annual business rates are currently: £4,800
Location:The garage has an excellent high visibility location on an elevated section coming into a large industrial estate of an affluent area of Northamptonshire.

There is a large residential estate approx ½ mile from the garage from where many potential customers are drawn.

The garage benefits from having ample free parking in front of the premises and around the estate if extra is needed.

The towns of Kettering, Rushden, Wellingborough and Northampton are all nearby. The area generally is well accessed by the A4, which is a feeder road to the M1 motorway at junction 15A.
Expansion potential:Our client has a very successful garage with a proven track record of consistent profitability; it still offers excellent scope to increase both turnover and profits however by: 1. Having an MOT bay for which plans have already been drawn 2. Offering courtesy cars to encourage customers to use them where they still need the use of a vehicle 3. they could have a recovery facility to pick up damaged or broken down vehicles 4. They have been offered, but not yet taken up a powerflo dealership, which is the making of stainless steel exhausts 5. The motorcycle side of the business could be expanded to offer bodywork repairs as well as mechanical
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