Hilton Smythe welcomes to the market this prevalent garage. Established for thirty years and under the careful ownership of our client for the last twenty years. The business has built a highly regarded reputation over the years with both local residents, local motor traders and main dealerships.
The business derives its majority of turnover from MOTs with a long standing client base and repeat business. The garage also performs general repairs and servicing. The business is offered for sale as our client looks towards semi retirement.
Our Client has informed us that he has secured a contract to maintain and service a fleet of eighty vehicles which should substantially increase current turnover to be reflected in the forthcoming trading accounts.
Further scope to increase profits would be to develop MOTs by introducing commercial class 7 testing which can be easily achieved with the modification to equipment currently installed. Turnover could also be increased by further developing the car repairs and servicing side of the business.
The business is located in the West Yorkshire area.
The business is close to the village centre and in a well populated residential area.
The village is well serviced by local bus services and is linked to the national motorway network by the M65 and bythe M62 from the nearby cities of Leeds and Bradford.
The building of stone construction, sits in a former mill complex and briefly comprises:-
Secure roller shutter frontage, opening into a spacious garage area purpose fitted with valuable equipment. A recently fitted rolling road including four post MOT testing ramp class four - 2x2 post ramps.
To the rear of the property is an adequately sized office with separate customer waiting room.
Externally the business has spacious parking facilities.
We are advised that the business is Leasehold.
The vendor is prepared to negotiate new lease with a rent around £12,000 per annum.
The garage currently opens.
Monday - Friday 8.00am - 6.00pm
Saturday 8.00am - 12 noon.
The business has 2 full time mechanics and 2 part time MOT testers. The business is managed and run by the owner.
This established business has a reported consistent healthy turnover of circa £130,000 per annum with reported gross profit just under £100,000.
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