Car Garage & Freehold Investment

  • Freehold Price: £375,000
  • Annual Net Profit: £32,934
  • Annual Turnover: £78,780
Rotherham, South Yorkshire, England
Seller Ref:GO2299
For Sale

Car Garage & Freehold Investment

Rotherham, South Yorkshire, England
Seller Ref:GO2299
  • Freehold Price: £375,000
  • Annual Net Profit: £32,934
  • Annual Turnover: £78,780

Description

A-Z Fast Fit Centre
Turnover circa: £61,500
Net Profit circa: £15,654
Plus Rental Income of £17,280
BUSINESS SUMMARY
• Business Name: Sole Trader
• Location: 210-210B Wellgate, Rotherham, S60 2PD
• Type of Business: 1 x Retail Stores, 1 x Car Workshop

Business Description
The opportunity consists of a Freehold property which has been apportioned as a self-contained retail space, with additional space above for storage or office space. The rear of the property gives access to the car workshop and A-Z Fast Fit Centre, a leading automotive service provider in Rotherham, specializing in quick-fit services which has been fully equipped and ready for any incoming operator.

Product/Service Offerings
• Tyres: including repairs and replacements.
• Brakes: servicing and replacement.
• MOT’s: offering MOTs at a discounted price to get win new customers.
• Servicing: All vehicles can be serviced at a competitive price.
• Repairs: including gearbox, clutch, transmission, suspension and more.
Market Position and Unique Selling Propositions:
• Convenience: Located on Wellgate with access to the whole of Rotherham and the surrounding areas.
• Competitive: Offering a wide range of services to allow for customers a one stop shop and providing excellent value compared to the local competition.
• Rental Income: Leveraging rental income from the 2 retail units, this makes this an extremely lucrative offering.

Customer Engagement and Feedback:
• Customer Satisfaction: Positive based on the emphasis on convenience and value, with serval 5* reviews on the company social media and google profile.
• Online Presence: Active online presence via social media for customer engagement.
Financial Overview
Financial statements and detailed accounts can be provided upon request.
Expansion Opportunities
• Brand Expansion: The brand lends itself to opening of additional locations due to the brand name and local reputation.
• Franchise Opportunity: Similarly, the brand could be franchised by using this successful model to springboard from offering franchisees ongoing training and support from this location.
• Website Development: The business attracts custom through google and social media but misses on the opportunity to have a fully functional website. A new website could be introduced to allow for customers to make bookings directly on the site and obtain quotes also. This brings further opportunity to use PPC and SEO to drive my customers to the website.

PREMESIS
The premises is a two-storey retail unit on an extremely busy parade of retail shops. The premises is let to tenants for the sum of £17,280 per annum.
The vendor has made significant improvements to the property over the years and introduced low energy lighting etc.
The workshop has the benefit of an MOT station and 2 car bays internally, with parking/vehicle storage to the rear of the property.

Viewing is essential to appreciate the quality of the business on offer.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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