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Established Garage - Altrincham For Sale

Altrincham, Greater Manchester, UK
Asking Price:
£71,950 Furniture / Fixtures included
Turnover:
£117,595
Net Profit:
Available on request

Prominent Business Park Location
Accounts Available Year End 31st December 2020
Annual Turnover £117,595
Gross Profit £64,411
Accounts Available After Viewing
Established 2009
Ill Health Sale
Owner Operator/No Staff
Fully Equipped
New Lease To Be Negotiated
Potential To Expand Workload With More Staff
Scope For Marketing Drive & Online Presence

REF 7802 – Leasehold Garage

Blacks Brokers are pleased to bring to the market this leasehold garage located in Timperley, Altrincham.

INTRODUCTION

Timperley Tyre & Auto Ltd was established by our client in this affluent area of Timperley in 2009. The business offers a range of vehicle repairs and servicing as well as MOT’s which are sub contracted to another local business. It has become very well known in this area and has a strong base of regular customers in place. The business also benefits from a good amount of additional trade generated by word of mouth recommendations. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.

LOCATION

Timperley Tyre & Auto Ltd occupies an industrial estate trading position within a busy area. The estate is densely populated commercially with neighbouring businesses being mainly independent businesses. There are also a number of large multiples nearby including Dunelm and Aldi. The area is well linked by the A56 and A560 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. A new three year lease will be offered to a new owner, this will run at a cost of £208 per week.

STAFF

The business operates with our client only in employment.

FINANCIAL DETAILS

Timperley Tyre & Auto Ltd has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st December 2020 show annual turnover of £117,595 and gross profit of £64,411. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This well established business occupies an enviable trading position in a sought after and bustling area of Timperley. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with weekend opening and offering of additional services. A new owner may look to employ additional staff to enable the business to accept additional workload. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - FRI: 08:30 - 17:30
SAT & SUN: CLOSED

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