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8829NN CAR & COMMERCIAL BODY SPRAY SHOP LEASEHOLD: £115,000 + SAV NORTHAMPTONSHIRE
For Sale
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Description : |
THE BUSINESS
Advent Business Sales is pleased to have
been instructed to offer to the market this
extremely well established and profitable
garage, which specialises in body and spray
shop repairs on car and commercial vehicles.
The business, which was established 19 years
ago, is only now being reluctantly offered for
sale to allow the vendor to pursue an
unrelated alternative business venture.
The workshop, which is staffed by the owner
with the assistance of two full time staff, (1
is an apprentice), achieves annual sales of
approximately £125,000 which is split
approximately 80% account customers and
20% retail.
The workshop is unusual in that it could
accommodate a double decker bus or 35 foot
long trailer.
Included within the asking price is the
following:
• Spray booth/oven
• Spray bay
• Extraction equipment
• 2 compressors
• Large selection of hand tools.
Stock at cost is approximately £1,500.
Our client is willing to offer a hand over
period to a new purchaser to ensure a smooth
transition and effect introductions to staff
and customers.
REF: 8829 NN
EXPANSION POTENTIAL
Whilst already a profitable business there is
still room to expand the turnover and profits
further by:
• Putting in another spray
booth/oven
• Buying damaged car to repair and
sell on
• Advertise more – currently only uses
Yellow Pages
• Apply for insurance work – very
little is carried out presently
• Carry out mechanical repairs –
employ an experienced mechanic.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £125,000
Gross Profit: £100,000
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Large rectangular shaped premises of
approximately 4000 sq ft.
Full height roller shutter door to the
front to allow very tall vehicles to
enter.
Side entry door with security bars to
the front.
Side office, kitchen area and w/c.
Spray booth/oven and spray bay to
the rear both with extraction.
Large working area to effect repairs
and for overnight parking. |
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Location : |
The business is ideally situated on an industrial site in a suburb of Northampton. The staff can
therefore work whatever hours are required without disturbing any residential properties.
The garage has its own extensive car park attached to it, which could accommodate up to
approximately 50 cars. |
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Trading Hours : |
Mon – Fri: 6.30am – 5pm |
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Staffing : |
2FT |
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Tenure : |
Leasehold
Original lease: 15 years
Remaining lease: 11 years
Review every: 5 years
Rent: £12,000 P.A.
We are advised that the annual business
rates are currently: £5,000 |
Request more information on this business for sale:
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