Garages for sale in Wakefield

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Garage- West Yorkshire

Wakefield, West Yorkshire, England

  • Freehold Price: £450,000
  • Annual Turnover: £120,785
Seller Reference: KBT48000
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: KBT48000
Request Details
Business Description
• Lucrative MOT Test Station (Class 4)/Vehicle Servicing/Repairs.
• Prominent main road trading position, excellent reputation, extensive client base.
• Turnover £120,785 per annum (y/e 31.07.18), Adjusted Net Profit £51,123, terrific potential.
• Modern portal frame building, valuable equipment, retirement sale, viewing recommended.

Lucrative MOT Test Station (Class 4)/ Vehicle Servicing/ Repairs. Prominent main road trading position, excellent reputation, extensive client base. Turnover £120,785 per annum (y/e 31.07.18), Adjusted Net Profit £51,123, terrific potential. Modern portal frame building, valuable equipment, retirement sale, viewing recommended.

This is a rare opportunity to acquire an established and well-known family operated garage which is located in the bustling West Yorkshire city of Wakefield.
Old Forge Garage occupies a prominent trading position fronting the main (A638) commuter route at the heart of a densely populated, predominantly commercial area within easy reach of the city centre and junction 40 of the (M1) motorway.
The business is therefore ideally placed for attracting regular repeat trade from the immediate locality, as well as also proving popular with motorists from the neighbouring villages and towns.
Having been established by the present owner back in 1997, this highly regarded business has established an unrivalled reputation with an extensive and loyal customer base, enjoying positive reviews and frequent referrals and recommendations.
Old Forge Garage offers a wide spectrum of facilities including MOT testing, vehicle servicing, repairs, diagnostics and brakes undertaking work for both private and trade customers.
Old Forge Garage operates from a substantial and highly visible modern detached portal frame building offering deceptively spacious and versatile lock up business accommodation. The business is fitted to an exceptionally high standard with a comprehensive range of the latest equipment and machinery, which has been well maintained and regularly updated.
Old Forge Garage is a thriving business demonstrating strong audited profits yet offers terrific potential as the vendor have made a conscious decision to operate the business at a comfortable level due to their wish to retire. The business therefore represents a fantastic investment for an ambitious operative who can continue to build on the solid foundations and develop the business yet further with the opportunity to employ additional mechanics and or the potential to introduce car sales due to the size of plot the business occupies. These enhancements will significantly increase the turnover of the business

Summary. This is an exciting opportunity to purchase a successful business with an excellent reputation and terrific potential for future growth. Only now being offered for sale due to retirement, viewing is highly recommended to avoid disappointment.
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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