Garages for sale in Ipswich

View the "Specialist Garage for Mechanical Car Repair & Servicing plus Class 4 MOT Station" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Specialist Garage for Mechanical Car Repair & Servicing plus Class 4 MOT Station

Ipswich, Suffolk, England

  • Leasehold Price: £260,000  Price Reduced arrow_drop_down
  • Annual Turnover: £223,791
  • Annual Gross Profit: £161,341
  • Annual Net Profit: £78,000
Seller Reference: AL239
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Business Description
 
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Seller Reference: AL239
Request Details
Business Description
Originally started in 1982, the vendor bought this well established garage in 2002.

The garage specialises in high quality mechanical car repair, servicing and is also a busy Class 4 MOT centre. The garage has established a fantastic reputation for high standards of service and value for money. This has generated a repeat private client base with some business referred from main dealers.

The well fitted and equipped high end workshop premises comprise of 2 x 2 post hydraulic ramps, 1 x 4 post ramp.

The garage also operates a professional breakdown and recovery service for many main dealers and body shop businesses.

Sage software is used for accounts, invoicing and payroll.
Trading hours:
Monday – Friday: 8.00am - 5.30pm
Number of employees:
05
Tenure:
Leasehold
Competition:
The business operates on recommendations by customer word of mouth and referrals. Advantages to improve profitability are being lost as there has been no investment in a company website to promote the services on offer. Undertaking a local marketing campa
Support and Training:
The owner is happy to provide support and training for the new owners, if required, to ensure a smooth transition of ownership.
Location Details:
Ipswich The property comprises of a building of approx. 203 sq. mo. including 2 x two post hydraulic ramps and 1 x four post MOT hydraulic ramp, an office plus an is well secured with monitored alarm, steel doors and security posts.
Leasehold Term:
The premises are leasehold with 40 years remaining. Annual rent is £5,120 with rates of £10,500 (£3,781 payable).
Listed by:
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