Thriving Motor Vehicle Repair Workshop for Sale in Exmouth Devon with Ample Parking & Facilities
Exmouth, Devon
- Status
FOR SALE
- Date Submitted:
12/03/24
- Advert ID
608112
- Reference
P35946N / Rightbiz
- Call Agent:
- Leasehold: £125,000
- Turnover: £340,522 (£6,549 Per week)
- Net Profit: Not Applicable
Business Details
MOTOR VEHICLE REPAIR WORKSHOP
Thriving MOTOR VEHICLE REPAIR WORKSHOP, situated in the popular EAST DEVON coastal resort of EXMOUTH, occupying lucrative edge of town centre trading position which is within walking distance and proves popular with clients who can leave their vehicle and simply walk into the town. Easily accessible, situated off busy vehicle thoroughfare, a primary commuter route, bordering densely populated residential areas with the seafront only a short distance away.
Occupying a substantial site, offers masses of car parking with scope to accommodate more than 30 vehicles. Provides reception/office building, main workshop with 2 x 2 post ramp, 4 post ramp, and rolling road offering scope to introduce M.O.T bay which are not currently undertaken. Separate tyre bay, storage facilities and cloakroom, additional workshop and outbuildings which are currently sublet providing rental income.
A respected business having been on site some 26 years, commanding an excellent following with substantial client base providing considerable repeat custom ensuring an abundance of work in hand at anyone time. Impressive trading results, comprehensive accounting information confirming a most profitable business, Sales 2023 £340,522 ex Vat, Gross Profit £129,139, forecast Sales 2024 approx. £370,000 ex Vat with still further scope to increase through additional mechanic.
Leasehold £125,000 sav Ref: P35946N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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