After 14 years of servicing the local community and reaching the ripe old age of 72 years, the owner of this local garage has finally decided it is time to retire and take life a little easier. A new owner will have the opportunity to simply take over this fully equipped garage as a going concern that enjoys lots of regular repeat custom.
The business is licensed for both motor vehicle and motor cycle repairs, licenses for both categories are quite rare to obtain and certainly represent a valuable business asset.
The seller has offered to help a new owner on a part time basis (if required) for an extended period following sale to help them get bedded in and familiarise with regular customers, suppliers and long standing contacts that are invaluable in successful operation of the business. The owner, who loves his business and still enjoys going to work, does admit that the business would benefit from new younger blood in order to fully exploit the businesses full earning potential.
By taking on more work at present and to meet demand some work is farmed out whilst a specialist auto electrician comes in when required. Farming out body repairs also generates a decent further income stream.
The main backbone of the business is general repairs, servicing and pre ITV (MOT) checks. The owner also offers his customers the service of making the appointments on-line and taking their motor vehicles and motor cycles for ITV at one of the areas Government appointed testing stations, this is a lucrative and popular service.
The current labour rate for repairs is 35€. The low rent on the garage premise combined with low general operating costs means high profit levels can be achieved.
The interior is light and airy with the capacity to accommodate 4 average sized motor vehicles and several motor cycles. The ample roof height allows vehicles to be lifted to maximum height on a centrally positioned wide based two post lift, it also allows for vehicles to pass under a hoisted vehicle on the lift under repair, a very useful feature.
Included in the sale are the rights to the trading license, the premise on a rolling lease contract plus client data base, company contact numbers plus equipment which briefly consists of a vehicle lift 230v 2,800kgs, hydraulic and manual motorcycle lifts, a 50 ton bearing press, large air compressor, parts washer, mig welder, work benches, two gearbox lifts, engine hoist and lots of specialist car and motor bike tools.
KS Costa Estates are acting as sole agents on behalf of the seller so please contact us for more information and to arrange a personal inspection.
Monthly rent 560€