Garages for sale in Tyne and Wear

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S Martin (Feb 2013)
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Leasehold Price: £140,000 Price Reduced
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Business Description
Approved garage for the organisations RAC and TSI
Well presented and highly reputed business
High amount of regular and repeat trade
Advised annual turnover of £213,000
Ideal for a first time buyer
Walk in condition
MOT green rated

Business History
Meridian Business Sales are privileged to offer to the market this superb garage which was established by our clients in 1983. The only reason this excellent business is being offered to the market is due to our clients desire to take a well deserved retirement.
Since our client established the business he has devoted his full dedication and attention into making the business a success. The business is fully fitted and equipped to suit the trade and is a true turn key opportunity with a wealth of regular and repeat customers.
Our client informs us that annual turnover currently runs at £213,000 which is derived from our client providing a helpful and reliable service, alongside offering the following garage services:
• Most mechanical repairs undertaken for cars or van
• Air conditioning refills and repairs
• Diagnostic Equipment
…and many more
The staff are fully qualified motor experts who are very friendly and always willing to help and offer advice to our customers, both old and new. The garage is also an approved garage for the organisations RAC and TSI and it is also MOT green rated.
Our client has continually developed and improved the business introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability.
Our client has invested heavily in equipment and machinery meaning nearly all production is undertaken in house ensuring that all their clients’ needs are met by carrying out all necessary vehicle repairs and services.
This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Trading Hours:
Monday: 8:00am – 5:00pm Tuesday: 8:00am – 5:00pm Wednesday: 8:00am – 5:00pm Thursday: 8:00am – 5:00pm Friday: 8:00am – 5:00pm Saturday: 9:00am – 12:30pm Sunday: CLOSED

Tenure: Leasehold

Accommodation Details:
Industrial estate unit, briefly comprising: GROUND FLOOR Secure shuttered entrance leading to: Office Open plan workshop space 4 x ramps MOT lane Tyre changing machine Wheel balancer Emissions tester Compressor Snap on diagnostics Engine hoist Various jacks Axle stands Specialist tools EXTERNAL Private parking for 10 cars

Listed by: Meridian Business Sales Limited
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