Property Information
Address:
Birmingham, West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489244
Property Ref/Agent: 2440-well-established-car-breaker-and-spare-parts-retailer-in-birmingham-west-midlands-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this well-established and busy car breaker and spare parts retail business in Birmingham, West Midlands. The business was established by our client in 1998 and is only now being offered to the market due to our clients desire for a change of direction.
The business operates 6 days per week and generates a turnover in the region of 60,000 per annum, with a good gross profit. Our clients offer a wide range of services including car breaking, collection of scrap vehicles, sale of spare parts, mechanical repairs, tyre sales and fitting.
The business has built up an enviable reputation for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth recommendations.
The business site hold an array of licences including Category B Breakers license, Waste Carrier License, Hazardous waste License all of which are granted by the Environment Agency. The business also holds the Scrap Metal Dealers Act License, which is granted by Birminghm City Council.
The business also has long established contracts with car suppliers, which enables regular sourcing of vehicles and stock.
We feel the turnover could be further increased by embarking on a modest marketing campaign to promote the business further. A new owner could also establish a website to advertise the business and the services offered.
The premises boasts 5 units, which are used for storage and offices, as well as a repair workshop. We are advised that there is an industrial crane, a fork lift truck and a Ford Transit recovery vehicle included in the sale. Our client is willing to offer a handover period, should a new owner desire.
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.TENUREWe are advised Leasehold:
Original lease length: 25 years
Remaining lease length: 16 years
Review every: 5 years
Rent: 10,800 per annumHOURSThe business is open:
Monday - Saturday: 10.00am - 6.00pm
Sunday: ClosedSTAFFThe business is owner run and managed with 3 x full time staff members.FINANCIAL PROFILEThe business generates a turnover in the region of 90,000 per annum, with a good gross profit.
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