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Vehicle Repair, Servicing - Tonbridge

Tonbridge, Kent, England

  • Leasehold Price: £99,950  Price Reduced arrow_drop_down
  • Annual Turnover: £92,280
  • Annual Gross Profit: £54,588
  • Annual Net Profit: £32,616
Seller Reference: 7171
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Business Description
 
 
 
 
 
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Seller Reference: 7171
Request Details
Business Description
Industrial Estate Trading Position
Accounts Year End 30th June 2020
Annual Turnover £92,280
Gross Profit £54,588
Accounts Available After Viewing
Established 1980
Retirement Sale
Owner Operated / No Staff
Scope To Trade Longer Hours
Potential For New Services
REF 7171 – Leasehold Vehicle Repair & Servicing

Blacks Brokers are pleased to bring to the market this leasehold vehicle repair and servicing located in Tonbridge, Kent.

INTRODUCTION

F J Ayre Car Repairs was established by our client in this affluent area of Kent in 1980. The business offers a range of servicing and repairs including brakes, clutches, air conditioning and tyres. It has become very well known in this area and has a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.

LOCATION

F J Ayre Car Repairs occupies a prime trading position within an industrial estate. The area is densely populated commercially with neighbouring businesses including Travis Perkins and Aldi. The town centre of Tonbridge is close by. The area is well linked by the A21 and A26 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is currently operating on limited hours due to semi retirement and therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The current lease is a two year lease which began in 2018 at a cost of £163 per week.

BUILDING LAYOUT AND DESIGN

F J Ayre Car Repairs operates from a large industrial unit. There is a small office area to the rear of the unit but this could be dismantled should a new owner wish to make alternative use of the space. All areas are well equipped and presented nicely.

STAFF

The business operates with our client only in employment.

FINANCIAL DETAILS

F J Ayre Car Repairs has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending June 2020 show annual turnover of £92,280 and gross profit of £54,588 Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This reputable and long established business occupies an enviable trading position in a highly sought after area of Kent. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours, possibly a collection and drop off service where appropriate. Staff would be required in order to facilitate these changes. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Trading hours:
Mon - Fri - 8.30am - 4pm
Sat & Sun - Closed
Tenure:
Leasehold
Location Details:
Tonbridge
Leasehold Term:
£163 Per Week
Listed by:
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