The business has been established over 120+ years and has been trading under the same ownership since 1997 by our client, who has brought the business to market with a genuine reason for sale due to retirement. As a profitable business working towards high gross profit margins, we feel there is huge scope to increase revenues even further with the extension of opening hours, offering a delivery and collection service, and introducing car sales from the large forecourt. Currently undertaking all garage & mot services along with specialist classic car work, our client has built up a highly enviable reputation amongst a loyal & regular client base. The business is completely unopposed, and the site has massive potential for various revenue streams. Early viewing is advised.
- Asking Price:
- £389,950
- Turnover:
- £230,000
- Net Profit:
- Not applicable
Property Information
- Property:
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Freehold
- Location:
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The site is located on the main road of a North Essex village near Manningtree, offering direct, easy access to the A120. The immediate surrounding area is highly built-up residential, with further local developments taking place, which can only add to the captive audience.
- Premises Details:
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GARAGE: Measuring 38.01 x 38.06 = approximately 1,446 sq. ft. with a ceiling height of 5.62 m, it is currently arranged to accommodate a 2-post ramp, scissor ramp, MOT bay with ramp & pit that is fully equipped with an air conditioning machine, 4-wheel laser aligner, emissions machine, headlight aligner, brake tester, compressor, tyre changer, wheel balancer, sand blaster, mig welder, key-safe, gear box jack, 2 x trolley jacks, 2 x diagnostic machines, hydraulic press, battery charger, 2 x engine hoists, sheet metal cutter, wall-mounted infrared heaters, coil spring compressors, and a de-greasing machine. The garage benefits from a separate office area and is fully equipped with sensors throughout.
The site has a 15+ car forecourt and a separate self-contained shop & office measuring 20.39 x 15.94 = approximately 325.11 sq. ft. currently arranged as a customer waiting/retail sales area, with various racking and shelving displays along with providing access to staff/customer toilets and a manager's office directly behind the till serving counter.
Business Operation
- Trading hours:
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The business currently trades 8.30am until 5.30pm Monday through to Saturday and is closed on Sundays.
- Employees:
- 2 Full Time