 | Automotive Repairs Freehold or Leasehold S.E. London, Kent, United Kingdom Advert ref: 1046SB FINANCIAL DETAILS | Asking price: £50,000 Sales revenue: £200k < 500k Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Established 1974. Strong reputation for service and repairs of German cars, particularly VW and Audi. Mostly private customers but some work carried out for leasing companies in addition. Small amount of light commercial repairs. The business is operating at close to its maximum capacity.
£50,000 Leasehold OR
£280,000 Freehold
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GENERAL INFORMATION | Years established: 31
Employees: Owner plus 3 full time technicians and 2 part time office staff
Property: Leasehold
Lease terms
Owner is prepared to grant a new lease at initial rent of £20,000 p.a.
FREEHOLD ALSO AVAILABLE.
Location
Outskirts major North West Kent town
close to busy road. Ample parking in adjacent side streets. Affluent residential area. Fully equipped motor trade premises of approximately 2500 sq.ft. in total comprising workshop, store, office, lubrication bay, showroom (presently used as additional workshop) and yard
Expansion potential
Due to recent closure of main dealership in the surrounding area opportunity exists for expansion with active advertising and marketing campaign.
Competition / Market
Limited
Reasons for selling
Retirement
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The Business Partnership - South East London | | | |
