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Garage / Mot Station In Aughton, Sheffield For Sale

Sheffield, South Yorkshire, UK
Asking Price:
£325,950 Furniture / Fixtures included
Turnover:
£372,530
Net Profit:
£33,298

Established Since 1990
Accounts Available To 31st January 2018
Annual Turnover £372,530
Gross Profit £168,007
Accounts Available Upon Viewing
Close To M1 & Sheffield
BOSCH Service & AA Approved
Member Of Independent Garage Association
Fully Equipped
Large Forecourt
Automated MOT Test Station
CCTV & Alarm Fitted Throughout
2 Commercial Vehicles & 4 Courtesy Cars
Contracts With Lease Companies
Currently Completing 70 MOTs Per Month
Reliable & Experienced Staff
Scope To Trade Sundays
Retirement Sale
EPC - C

REF 6533 – Leasehold Garage / MOT Station
Blacks Brokers are pleased to bring to the market this leasehold garage & MOT station located in a busy and popular area of Aughton, Sheffield.

INTRODUCTION
JP Autotechnics Limited was established in 1990 by our client to meet local demand for a quality local garage able to offer reliable and competitively priced car servicing and MOTs. Our client has built a very large customer base from locals and walk in customers to lease companies and fleet work. Services now offered include collections, delivery and recovery. The business is BOSCH Service approved, AA approved and registered with the Independent Garage Association. On average, JP Autotechnics Limited is completing around seventy MOT’s per month with an automated test station meaning that two vehicles can be tested at once. The business also has a good online presence, comprehensive website and excellent reviews noted on Google.

LOCATION
The business is positioned on a busy main road in Aughton, this area is very well linked by the M1 and is around four miles from Sheffield centre and Rotherham. Aughton has good public transport links in place and the garage has a large forecourt to the front providing plenty of customer parking.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but is offered for sale due to our client’s retirement. This sale 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 competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is seven years and began in 2013 at a cost of £305.77 per week.

STAFF
The business is currently operating with our client in full time employment supported by four full time members of staff and one apprentice. All staff are experienced and all qualified with the exception of the apprentice who will finish the apprenticeship in early 2019.

FINANCIAL DETAILS
JP Autotechnics Limited has traded solidly since 1990 and has gained a large, repeat customer base. We are advised that the business currently has annual turnover of £372,530. This includes an average of 70 MOTs completed per month, generating £45 each at 98% profit. Full financial details are available upon viewing.

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

SUMMARY
This leasehold business is long established and very well equipped with a superb reputation and large customer base. There is plenty of scope to develop the business further with the introduction of Sunday opening and a strong marketing drive. 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 and are welcomed by appointment only.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

Mon - Fri - 8am - 6.30pm Sat - 8am - 1.30pm Sun - Closed

Contact Blacks Business Brokers

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