Garages for sale in Montrose

View the "Wilco Cabs Ltd Montrose DD10 9PB" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £744,995 Price Reduced Gross Profit: £219,000
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Business Description
Business
Hilton Smythe are delighted to welcome to the market an outstanding opportunity to acquire on a freehold basis a thriving garage / accident repair centre, taxi hire and private hire business with an enviable reputation.

This turn key operation has been trading for many years under the careful ownership of our clients and has only now been placed on the market as they look to take a well-earned retirement.

The garage business operates 5 days per week and generates an impressive combined gross turnover of £821,000 pa with a healthy adjusted net profit of £155,000 (as of 2017 trading figures).

Wilco Cabs Ltd offers a variety of services including mechanical repairs, services, engine diagnostics, engine remaps, diesel tuning, wheel alignment, air conditioning recharge service, spare parts, some car accessories and benefits from having an accident repair operation on site. This fully equipped garage can carry out repairs on all makes and models. They also stock a good selection of spare parts including tyres, engine oils, brake discs and pads and batteries to name a few.

The private hire and taxi side to the business is arguably the largest of its kind within the area and benefits from long standing contracts with major oil and pharmaceutical companies, NHS and Local Authorities in the area. They operate on a 24 hrs a day basis from the same premises as the garage and have an impressive fleet of modern vehicles that include 4,6,8 and 16 seater vehicles and also have a wheelchair accessible vehicle available as well.

The business has built up an excellent reputation within the area and further afield for the high quality of the combined services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the business and the services offered, along with the introduction of a dedicated class 4 MOT bay or perhaps branch out into the car and van hire business (due to property layout) along with the updating of the dedicated websites and also offering a recovery breakdown recovery service.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment

EARLY VIEWING HIGHLY RECOMMENDED.

Location
Wilco Cabs Ltd T/A Charleton Garage occupies a prime trading location on Brent Avenue within the busy and popular Forties Industrial Estate.

The estate is based in Montrose (DD10), a coastal resort town in Angus, Scotland. It is situated 38 miles north of Dundee between the mouths of the North and South Esk rivers.

Forties Road Industrial Estate has been instrumental in securing Montrose its status as Scotland’s second home for oil and gas with some major corporations have facilities located on the estate, resulting in a fantastic level trade right on the door step.

The Aberdeen Western Peripheral Route (AWPR) is due to open in May 2018, this will dramatically reduce the travelling time to Aberdeen Airport.

Montrose itself is a popular commuter town with travel to both Aberdeen in the north and Dundee to the south both being under an hour. The town is well serviced in terms of local amenities with both primary & secondary schooling being found within the town, and further benefits from excellent public transport links.

Premises
The business occupies a large modern purpose built industrial unit that has been fitted out to high specification, extending to approximately 277.28 m2 and benefits from having easy access for larger style vehicles, the accommodation briefly comprises:

Modern Well-presented office accommodation
Generous Rear Office / Taxi Control Room fitted with modern office furniture
W/C & Kitchen Area

ADT Security System

Purpose Built Workshop Facility.

Full Size Spray Booth
2 x modern ramps
Wheel balancing Machine
Various work bench areas with specialist tooling
Various Diagnostic Testing Equipment
Compressor
Stores Area with various servicing consumables
Tyre Fitting Area
Further Various Garage Equipment

Various Vehicles to be included in the sale
Garage Van
Courtesy Car
Mixed Fleet including 4,6,8 & 16 seater vehicles related to the private hire side of the business
(A full inventory will be made available to interested parties)

EXTERNALLY
Substantial Metal Premier Security Fencing with secure gate.
Tarmac Garage Forecourt Area With Ample Parking
Car Wash
Further Parking Area To Side & Rear Of The Premises (Potential Car Sales Pitch)

*** Please note *** due to plot size there is ample scope for further buildings or extension to existing premises (subject to LA planning regulations).

Tenure
We are advised Tenure is offered on a Freehold Basis.

Hours
The Garage business operates Monday to Friday 08.00 – 17.00.

The Private Hire Business operates 24 hrs a day.

Staff
The business is run & managed by the current owners and full time and part time drivers as well as full time and part time office staff.

Financial Profile
Accounts will be made available to interested parties.

Tenure: Freehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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