Advert Ref: SG.0.95.WM

Mot And Service Garage Wolverhampton (reduced In Price) For Sale

  • Wolverhampton, West Midlands
Asking price:
£75,000
Sales revenue:
£137,000
Net profit:
Undisclosed


Established since 2000 and with the existing owner since 2011. Consistently profitable business. Database of approx' 1350 customers of which approx' 1100 return each year. Majority of customers located within 7 mile radius of Wolverhampton Part of premises sub let to car wash operator. Reduced in price oiro £75,000

Property:
Leasehold
Lease terms:
five year lease is renewable in 2022. Rent reviews every five years and the current rent is £20,800 per annum of which £7,800 is recharged to the sub tenant.
Leasehold rent:
£20,800
Location:
Along the busy A4039 in the Parkfield area of Wolverhampton
Premises details:
A ground floor single storey detached building with flat roof. Part of premises sub let to car wash operator.
Energy Performance Rating:
E

Expansion potential:
Potential to introduce car sales (subject to appropriate planning permission)
Trading hours:
Monday to Friday 7.30am to 5.30pm
Employees:
2 F/T working owners supported by 1 P/T self employed mechanic.
Years established:
20

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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