Garages for sale in Lincolnshire

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Lincolnshire, England

  • Freehold Price: £480,000
  • Annual Turnover: £239,000
Seller Reference: 146544
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Business Description
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Seller Reference: 146544
Request Details
Business Description
Turnover of £239k, with an EBITDA of £18k.
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 30%.
Ideal bolt-on opportunity for a business looking to expand in to the east of the UK or for clients seeking for land development.
Asking price £480,000.
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