Hilton Smythe welcomes to the market Eric's F1 Garage Ltd. The business was originally established by our client in 2011. The owner is now looking to sell the business due to the desire to focus on other interests.
The business runs as a traditional garage that specialises in a range of services such as, timing belts, batteries, tyres, starter motors, engine repairs, gearbox repairs, suspension repairs, welding, general mechanics and servicing. This is a well-established business that has built up an enviable reputation in its location. The business serves a large amount of Perth and so receives a huge amount of custom.
The current turnover for the business is around £120,000 per annum. The garage sees a large amount of repeat loyal trade from the locals, however the new owner should look to offer a loyalty scheme in order to boost loyal clientele.
Our client is also looking into MOT’s. The garage has all the paperwork and equipment for this service. MOT’s is a great way of boosting turnover.
Overall this is a fantastic opportunity for a purchaser looking for an already well-established business. Hilton Smythe highly advise early viewing in order to take in the full potential of this excellent garage.
Eric's F1 Garage Ltd is located in Perth, Perth and Kinross.
The business is situated on a busy industrial estate, that comes with a plethora of parking. There are several business on the estate such as a bathroom retailers, tile specialist, engineering company and much more. The garage is also close to large supermarkets, a big bank and a shopping mall, ensuring good footfall and car parking in the area.
This is a bustling estate that sees a large amount of trade daily. This is a great area for business, however, there is a large amount of residential property around, from which the garage receives much of its trade.
The industrial estate on which the business is located is just off a main A-road. The A85 runs from Oban all the way across to Perth. This is a well-used road that sees a heavy amount of footfall. The area also benefits from generous public transport. There is a bus stop just off the estate that has regular daily routes. The closest train station is also just a short 5 minute drive away.
The business is situated within two large units. Both of the units are next door to each other. They have large shutter doors which enter the garage space. The premise is signed with signs above each door. There is also a sign at the entrance of the industrial estate, to promote to passing trade.
The unit has a large office space which can be accessed via a separate entrance from the garage. There is also a storeroom, W/C which is equipped for disabled use. Through to the side is the garage, this space is a great size and comes fully equipped.
Above the office in the garage area is a mezzanine floor which is a good size with ample room for storage.
The garage is equipped with-
2 x Four poster ramps
Wheel alignment machine
The premise is fitted with independent central heating.
The estate comes with a large car park for customers and staff.
The premise has recently undergone some work. Our client has painted the premise, making this garage very attractive.
Available to purchase are the following vehicles, Ford Transit, Saab 93 and a car transporter trailer.
We are advised the business is being sold as a leasehold opportunity.
A new lease is available upon negotiation.
Rent: £660 per month including insurance.
The business is opening hours-
Monday - Friday: 8am – 5pm
Saturday: 9am – 1pm
The business is run and managed by our clients.
The business generates a turnover in the region of £120,000 per annum.
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