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John Peacock (Feb 2017)
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Leasehold Price: £399,999 Turnover: £439,910 Gross Profit: £183,580
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Business Description
Business
Hilton Smythe welcomes to the market Nations Garage Ltd.

There has been a garage at this site for many years and the current owner has owned it for the last twelve years or so during which time it has flourished with year on year growth.

The business has been a real labour of love for the owner and his family and prides itself on getting the job right first time ensuring the customer gets the quality and service they deserve at a price they can afford.

The business is now being sold albeit reluctantly and with a heavy heart only so that the owner can take a well-earned retirement and perhaps pursue other business interests, he is keen to see the business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Nations Garage is a busy MOT testing station and in 2017 carried out over 3100 MOTs.

The business is one of only four Taxi testing stations in Solihull . Additionally, the business offers a range of services such as;

• Manufactures Services
• Full services
• Interim services
• Brakes and Shock absorbers
• Batteries, tyres and exhausts
• Car repairs
• Car safety checks
• Clutch replacement
• Engine diagnostics
• Engine management
• Wheel balancing and alignment.

The business has a considerable number of regular customers many of whom have been using the business for many years and are known on a first name basis by the current owner who is a popular and well-respected member of the local community.

The sale will include the Nations Garage website (nationsgarage.com) and the business enjoys great visibility on the internet with some brilliant reviews.

Scope to Improve

1. Advertising and marketing campaign
2. Maximise the use of social media
3. Update the website, perhaps with an online booking facility
4. Increase signage from main road to drive even more customers to the business.
5. Explore online discounter’s offerings from the likes of Groupon and Wowcher.

Hilton Smythe highly advise early to avoid disappointment.

Location
Nations Garage Limited is located in Castle Bromwich, Solihull in the West Midlands.

Castle Bromwich is a suburb situated within Solihull in the county of the West Midlands. It is bordered by the rest of the borough to the south east, North Warwickshire to the east and north east, also Shard End to the south west, Castle Vale, Erdington and Minworth to the north and Hodge Hill to the west- all areas of the city of Birmingham. It constitutes a civil parish which had a population of approximately 12,000 at the 2011 census.

Public transport is provided in the form of bus routes by National Express West Midlands connecting Castle Bromwich with Birmingham, Sutton Coldfield. Solihull and Birmingham Airport.

Nations Garage is ideally situated in a prominent main road position and as such benefits from high footfall and passing trade.

The business is immaculately presented and maintained with clear visible signage and distinctive livery.

There is free car parking for at least 20 cars at the front of the premises as well as free on street parking nearby.

Premises
The premises occupy the ground floor of a generous brick-built property and briefly comprises;

Reception

• Windows and glazed door to front creating a light airy and inviting interior, suspended ceiling with concealed lighting,
• Carpeted floor,
• Leather effect sofas,
• Tub chairs creating a comfortable waiting area for customers,
• A wall mounted TV provides an MOT viewing area,
• Drinks vending machine,
• Radiator,
• Bespoke brick fronted counter with complimentary worktop,

The exterior is secured by an electric security shutter and there is both a monitored alarm and CCTV system.

Staff Room

• With a range of base units,
• Stainless steel sink and drainer,
• Space for fridge and table and chairs,

Managers Office

• With wood panelling to dado height,
• Carpeted flooring,
• Window to workshop,
The premises occupy the ground floor of a generous brick-built property and briefly comprises;

Reception

• Windows and glazed door to front creating a light airy and inviting interior, suspended ceiling with concealed lighting,
• Carpeted floor,
• Leather effect sofas,
• Tub chairs creating a comfortable waiting area for customers,
• A wall mounted TV provides an MOT viewing area,
• Drinks vending machine,
• Radiator,
• Bespoke brick fronted counter with complimentary worktop,

The exterior is secured by an electric security shutter and there is both a monitored alarm and CCTV system.

Staff Room

• With a range of base units,
• Stainless steel sink and drainer,
• Space for fridge and table and chairs,

Managers Office

• With wood panelling to dado height,
• Carpeted flooring,
• Window to workshop,
• Room for desk and filing cabinets etc

Rear Office

• Generously proportioned office,
• Windows to front and to workshop,
• suspended ceiling with concealed lighting,
• Carpeted flooring,
• Ample for several desks and chairs and filing cabinets etc.

Workshop

• A really good-sized workshop,
• High ceilings which further enhances the feeling of space,
• Three roller shutter doors to side,
• Fluorescent lighting,
• 1 four poster ramp and 4 two posters,
• Gas heater,
• Number of steel workbenches,
• Pillar drill,
• Heavy duty press,
• Parts washer,
• Perimeter shelving,

Stores / Tyre Bay

• Generous stores come tyre bay,
• Double doors to yard,
• Tyre racking,
• Tyre machine,
• Wheel balancer,
• Perimeter shelving for parts storage.

Mot Building

• A recently constructed MOT building,
• 3 lane MOT bay which can be one man operated,
• 3 tests can be done at a time, and over 40 in a day
• Shaker plates,
• Diagnostic equipment,
• Three roller doors to front.

The vendor owns the freehold on this building.

Office with window to MOT bay, space for desks, filing cabinets and table and chairs.

Covered Bay

To the right-hand side of the MOT building is a useful open fronted bay with four poster ramp.

Between the workshop and MOT building is a good sized concrete yard which allows parking for approximately 30 cars.

Tenure
We are advised that the business is being sold as part leasehold and part Freehold business opportunity. The workshop and offices are being sold as a leasehold business opportunity, the existing lease has approximately 4 years remaining, and the rent is £48,000 per annum. We are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The Mot Building is being sold as a Freehold business opportunity.

We are advised that the business rates payable are approximately £1500 per annum (this figure to be confirmed).

Hours
Monday to Friday 8.00 am -5.30 pm
Saturday 8.00 am -1.00 pm

Staff
The business is run and managed by our client with the help of 6 full time members of staff.

Financial Profile
Nations Garage Limited generated an advised turnover of approximately £440,000 with a gross profit of circa 42% and an adjusted profit of roughly £115,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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