Petrol Forecourt Service Centre And Retail Shop For Sale

Business description

The present owners bought this business in 2005. The garage is well located on a main trunk road close to the centre of a well known Wiltshire town.

The business has a database of circa three hundred and sixty regular customers the majority of whom are based within a five mile radius of the companies leasehold premises. The operation carries out servicing for all makes of vehicle including light commercial vehicles. The busy MOT bay generates significant volumes of repair work plus strong sales of tyres, exhausts and batteries to those customers who prefer to leave all the maintenance of their cars to one trusted company

The retail shop has a range of display stands for consumable goods and chilled products and could easily be redesigned to carry a broader range of items

To the front of the building is the petrol forecourt. This has two pump islands and is protected by an all weather canopy. The rear of the premises has parking for eight cars.

Equipment:

Four post ramp
Singlepostramp
Tracking gauge
Compressor
Air Conditioning machine
Snap On Diagnostic Equipment
MIG Welder

Customer Service:

The business has a loyal customer base who value good old fashion service at affordable prices. Service clients can use one of two courtesy cars while their vehicle is being repaired . The company has just instigated a database system that allows them to contact clients with service and MOT reminders. This is proving popular and is assisting to drive up levels of business.

Key Strengths:

Three revenue streams. Petrol, Retail shop and service centre
Excellent location
Sizeable workshop
MOT Licenced
Good level of equipment

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business has a turnover in the region of £400,000. The director and his family draw salaries after which there is a minimal profit .

Property information

Property:

Leasehold

Location:

The premises are leasehold and are rented . All financial details and floor areas will be provided by the vendor.

Other information

Expansion potential:

This business is an ideal purchase for a partnership or husband and wife team to acquire. Its central location means that it is surrounded by nearby housing estates , retail shops and small trading estates all of whom have maintenance requirements and are within easy reach of the garage. The implementation of the active database, some advertising in local papers backed up by a consistent and persistent leaflet drops would also increase existing levels of business and forge new trading relationships.

Support & training:

There will be a full and professional handover for a period to be agreed as part of the overall negotiations. If required the managing director would be prepared to stay with the business on a salaried basis in order to help grow the company.

Reasons for selling:

The managing director would like to retire.