Used Car Sales MoT Garage Business, Leicestershire

Undisclosed, Leicestershire
Leasehold Price:
£199,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
218888
Reference
3012-C I / Rightbiz

Details

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and popular used car sales and MoT garage business in the East Midlands.

The business was established by our clients in 1990 and is only now being offered to the market due to our clients’ desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £850,000 per annum, with a gross profit of approximately 30%.

Our clients offer a variety of motor services including the sale of all makes of quality used cars, all of which have a full 50 point service, including fluid levels and belt checks. Our clients are also VOSA MoT approved and provide full after sales support and electronic diagnostic checks. The business is also live on the very popular website Autotrader.

The property boasts a very spacious workshop, which can be accessed from the front and side with roller shutter doors. There are separate bays for valeting and a ground floor showroom with a reception/waiting area and two offices. To the front of the premises is a spacious forecourt with space with approximately 25 vehicles. The business is fully equipped to suit the trade and an inventory of all the equipment included is available.

The business has built up an excellent reputation within the area for the high quality of the vehicles and services offered, which has resulted in a very loyal client base, with repeat business and a huge amount of word of mouth recommendations.

We feel there is scope for a new owner to increase the turnover by embarking on a modest marketing campaign to promote the goods and services offered. The business already has a very informative website in place.

This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
This popular used car sales and Mot garage business occupies substantial premises, ideally located in Leicestershire. The business is surrounded by a wealth of complimentary shops and businesses, as well as densely populated residential areas, from which the business derives much trade. The used car sales and MoT business is located on a very busy A-road and benefits from a high volume of footfall and passing trade. The business further benefits from good parking facilities within the area.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is just over 1½ miles away. The area is also well served by the A-roads, with the business being located on a busy A-road, which links to the national A-road and motorway networks.

PREMISES
Substantial premises in a prime trading location, briefly comprising:

Workshop with:

Industrial style unit with access from front and side with roller shutter doors.
MoT bay with four post ramp.
2 x two post ramps.
Separate bay for valeting.

Ground floor showroom with open grill shutters and access to first floor stairs.
Reception/waiting area.
2 x offices.
Ladies and gents WCs.

First floor:

Rooms on first floor used for storage.

External:

Large forecourt/car lot for approximately 25 vehicles.

TENURE
We are advised Leasehold:

New lease and rent to be negotiated.

HOURS
The business is open:

Monday – Friday: 8.45am – 5.30pm
Saturday: 9.00am – 5.00pm
Sunday: 10.30am – 4.00pm

STAFF
The business is owner run and managed with 5 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £850,000 per annum, with a gross profit of approximately 30%.

BUSINESS

Hilton Smythe is delighted to welcome to the market this well established and popular used car sales and MoT garage business in the East Midlands.

The business was established by our clients in 1990 and is only now being offered to the market due to our clients’ desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £850,000 per annum, with a gross profit of approximately 30%.

Our clients offer a variety of motor services including the sale of all makes of quality used cars, all of which have a full 50 point service, including fluid levels and belt checks. Our clients are also VOSA MoT approved and provide full after sales support and electronic diagnostic checks. The business is also live on the very popular website Autotrader.

The property boasts a very spacious workshop, which can be accessed from the front and side with roller shutter doors. There are separate bays for valeting and a ground floor showroom with a reception/waiting area and two offices. To the front of the premises is a spacious forecourt with space with approximately 25 vehicles. The business is fully equipped to suit the trade and an inventory of all the equipment included is available.

The business has built up an excellent reputation within the area for the high quality of the vehicles and services offered, which has resulted in a very loyal client base, with repeat business and a huge amount of word of mouth recommendations.

We feel there is scope for a new owner to increase the turnover by embarking on a modest marketing campaign to promote the goods and services offered. The business already has a very informative website in place.

This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION

This popular used car sales and Mot garage business occupies substantial premises, ideally located in Leicestershire. The business is surrounded by a wealth of complimentary shops and businesses, as well as densely populated residential areas, from which the business derives much trade. The used car sales and MoT business is located on a very busy A-road and benefits from a high volume of footfall and passing trade. The business further benefits from good parking facilities within the area.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is just over 1½ miles away. The area is also well served by the A-roads, with the business being located on a busy A-road, which links to the national A-road and motorway networks.

PREMISES

Substantial premises in a prime trading location, briefly comprising:

Workshop with:

Industrial style unit with access from front and side with roller shutter doors.
MoT bay with four post ramp.
2 x two post ramps.
Separate bay for valeting.

Ground floor showroom with open grill shutters and access to first floor stairs.
Reception/waiting area.
2 x offices.
Ladies and gents WCs.

First floor:

Rooms on first floor used for storage.

External:

Large forecourt/car lot for approximately 25 vehicles.

TENURE

We are advised Leasehold:

New lease and rent to be negotiated.

HOURS

The business is open:

Monday – Friday: 8.45am – 5.30pm
Saturday: 9.00am – 5.00pm
Sunday: 10.30am – 4.00pm

STAFF

The business is owner run and managed with 5 x staff members.

FINANCIAL PROFILE

The business generates a turnover in the region of £850,000 per annum, with a gross profit of approximately 30%.



£199,950
Listing Details
Leasehold Price: £199,950
Tenure: Leasehold
Sector: Car Sales Businesses, Retail
Financials
Annual Turnover: £850,000
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