Garages for sale in Lincolnshire

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Lincolnshire, England

  • Freehold Price: £480,000
  • Annual Turnover: £260,000
Seller Reference: 146544
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Business Description
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Seller Reference: 146544
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Business Description
FY17 reached £260k turnover, with an EBITDA of £20k. Average gross profit of 30%. The company is an independent garage, offering comprehensive servicing and vehicle sales to clients within the region. Services include servicing and repairs, MOTs, diagnostics, tyre replacement, air-conditioning and the sale of used vehicles. Freehold premises offering both residential and commercial property which are owned by the company. Workshop includes MOT ramp, six tonne two-post ramp, single post hydraulic lift and portable vehicle lift, with a mezzanine floor for storage. The residential property is a large three-bedroom detached house which has undergone up to £100k of investment over recent years. Average gross profit of 32%. Ideal bolt-on opportunity for a business looking to expand in to the east of the UK or for clients seeking for land development. Bus £480,000.
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