Highly rated repair garage for sale

  • Price: £74,950
  • Annual Turnover: £127,267
Nottingham, Nottinghamshire, England
Seller Ref:B07549
Under Offer

Highly rated repair garage for sale

Nottingham, Nottinghamshire, England
Seller Ref:B07549
  • Price: £74,950
  • Annual Turnover: £127,267

Overview

Seller Ref: B07549

Description

Business
Please quote reference B07549


CoGoGo are delighted to welcome to the market RCT Garage Services LTD, a highly rated vehicle repair garage in Eastwood, Nottinghamshire. 


The business was first established by our client in 2020, building up an excellent reputation with a regular customer base. As seen by the online ratings and reviews, it’s extremely popular within the local community, proudly having a 5 rating on Google reviews. 


RCT Garage Services LTD has now come to the open market due to ill health.


RCT Garage Services LTD is a high quality vehicle repair garage that works on all makes and models, including classic cars, motorcycles and class 7 vehicles. The business also offers health checks, MOT’s (conducted off- site), servicing, welding services, brakes, suspension repairs, clutches and gearboxes. RCT Garage Services LTD provides diagnostics checks and tyre changing/balancing.


The previous years sales achieved over £150,000, with the opportunity to double current workload, turnover and profit levels. 


Key selling points –

  • Large garage with lots of land
  • New lease term to be offered
  • High demand for services
  • Centre of large housing area
  • Handover offered
  • Further growth opportunity


Scope for further growth –

  • Increase number of mechanics
  • Extend current opening hours
  • New advertising
  • Further utilise the unused available land

Location
RCT Garage Services LTD is located on Brookhill Leys Road, in Eastwood, Nottinghamshire.

Premises
Ground floor –

  • Large workshop
  • Store room
  • Office
  • Kitchen space/Toilet facilities


External –

  • Large fourecourt area – able to accommodate 20 to 30 vehicles


 

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be offered to the new buyer. The rent is £13,000 per annum. 

Hours
The current trading hours –


Monday to Friday – 9am – 6pm


Saturday to Sunday – Closed

Staff
We are advised that the business has 1 member of staff. 

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £127,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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