Garages for sale in Maidstone

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Highly Reputable Car Garage

Maidstone, Kent, England

  • Leasehold Price: £259,950  Price Reduced arrow_drop_down
  • Turnover: £464,306
  • Gross Profit: £316,421
Seller Reference: B04462
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Business Description
 
 
 
 
 
 
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Seller Reference: B04462
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Malling Repair Services

The company was Established in 1982, providing an honest and reliable service at all times, and is proud to be recognised as a highly reputable Car Garage in Maidstone.

Providing car servicing to all makes and models of vehicles such as

• Dent removal,
• Breakdown recovery
• MOT
• Engine tuning
• Body repairs
• Full/interim services.

Due to the owners commitment to the service they provide, they have a very loyal customer base, having circa 5,000 customers within the last 2 years alone, due to the reputation Malling Repair Services have, they do not have the need to advertise as 100% of new business is from word of mouth/recommendations.

They use ISO9001/PAS80 /PAS43 quality management systems, adding that extra peace of mind to the customers as well as having Technicians who are trained to the highest of standards and undertake ongoing training to ensure their skills are current and up to date.

Malling Repair Services have also achieved the ATA (Automotive Training Association) level of training as well as receiving PAS80 accreditation.

The owner is now looking to sell this very profitable business, albeit reluctantly, to pursue other career interests and semi-retire.

Hilton Smythe highly advise early viewing as this business is likely to attract considerable interest.

Location
Malling Repair Services is located along Foster Street in Maidstone.

Maidstone is a large, historically important town in Kent. The River Medway runs through the centre of the town, linking it with Rochester and the Thames Estuary. In the 2001 UK census, Maidstone town wards had a population of 75,070, a density of 28 residents per hectare.

Malling Repair Services has excellent transport links with being approximately 11 minutes drive from the M20 motorway which takes you to London within 1 hour and circa ½ mile from 2 train stations, Maidstone East and Maidstone West, which calls at stations such as Swanley, Alyesford, Cuxton and London Victoria,

The premises is nicely presented and maintained with clear, visible signage. There is also convenient street parking along the road adjacent from the business.

Premises
The premises is a single storey detached property with vehicle entrance on the left to the servicing area and glazed door on the right to the reception area, there is customer parking area on the left-hand of the building

As you enter the building through the glazed door you are greeted with the reception area with the counter straight in front of you which houses the printer, card machine and till system.

To the left is a window and a doorway which leads to a office area which has a desk and computer system along with filing cabinets.

On the left-hand side of the premises is a large area where the tools and ramps are housed to conduct the necessary servicing of the vehicles.

Included in the sale:

• Ramps
• Tools
• Printer
• Computer
• Till system
• Phone system
• 2 service vans
• 2 recovery trucks.

Tenure
We are advised that Malling Repair Services is being offered a Leasehold business with a rolling yearly lease, however the current owner has advised that the landlord would be happy to consider a new 15 year Lease.

Rent is £35,000 per annum which is very reasonable given the size of the premises.

Hours
Monday-Friday 8:30 am-5:30 pm

Saturday 8:30 am-12:30 pm

Staff
The business is run and managed by our owners with the assistance of 5 members of staff.

Financial Profile
Malling Repair Services generates an advised current turnover of circa £464,306 per annum with an advised gross profit of £316,421

Tenure:
Leasehold
Listed by:
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