Vehicle Repair for sale in Middlesbrough

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Vehicle Sales and Hire

Middlesbrough, North Yorkshire, England

  • Leasehold Price: £1,500,000
  • Annual Turnover: £1,083,201
Seller Reference: 586568
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Business Description
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Seller Reference: 586568
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Business Description
Sensibly Priced to Sell to Include the 125 Strong Fleet of Cars
Run with a Competent Team of Qualified Staff
Net Profits in Excess of £250,000
Annual Turnover £1,083,201
Three Units Let Out, Returning £19,200 per Annum
REF 586568. EPC Band E.
Business £1.5 Million
North Yorkshire

An opportunity to acquire this very lucrative car rental business, triple MOT centre (licensed for class 4, 5 and 7), tyre fitting centre, huge car servicing centre with seven hydraulic lifts. Annual Turnover £1,083,201. The business shows outstanding net profits and is situated in a prime position - the area is awash with car dealerships. The business is run with a competent team of qualified staff and worked in very easy hours over five and a half day week. Our clients fleet of cars are rented out to the taxi market which is very solid. HIGHLY PROFITABLE CONCERN - the garage workshop, MOT and tyre centre along with the fleet car rental business returns profits in excess of £250,000. An outstanding concern which is sensibly priced to sell at £1.5m to include the 125 strong fleet of cars - HIGHLY RECOMMENDED. The premises are held on a secure lease, sensible rent and comprise modern reception lounge, private office, the main garage workshop which is huge and having the benefit of seven hydraulic ramps, spacious work stations, mezzanine floor which is a fully fitted storage area. Self-contained tyre centre, sales and workshop with two ramps. Two further workshops rented out at £3,000 per annum each. There is also a hand car wash centre which our client rents out at £13,200 per annum. The total rental income for the units that are rented out is £19,200 per annum which almost covers half of our clients entire rent. EPC Band E.
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