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: MH489434
Property Ref/Agent: 2153-thriving-mot-and-service-garage-in-stirchley-birmingham-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 very popular MoT and vehicle service centre in Stirchley, Birmingham. The business was established by our clients in 2007 and is only now being offered to the market due to our client's' desire for a well-deserved retirement. The business is open 6 days per week.
According to the 2015 accounts the business generated a turnover in the region of 104,000 per annum, with a gross profit of approximately 60%.
Our clients offer a variety of services including MoT testing in the class 4 MoT bay, general servicing and mechanical repairs to all makes and models of vehicles including batteries, clutches and exhausts and welding. The business also offers a wide range of tyre selection for sale and fitting. The business has an excellent reputation within the area for the high quality of the services provided, which has resulted in a very loyal client base with a vast amount of repeat trade, as well as word of mouth referrals.
We feel there is scope to increase the turnover by extending the opening hours and by embarking on a marketing campaign to highlight the services offered. There is also scope for a new owner to introduce body repairs and a second MoT bay. The premises are well-equipped to suit the trade with a large range of tools and equipment. The business already has a website in place to promote the garage. This is an excellent opportunity for a new owner to take this thriving garage business, with vast scope for future development, to the next level; therefore early viewing must come highly recommended.TENUREWe are advised Leasehold:
Lease until 2020.
Rent: 14,800 per annum.HOURSThe business operates:
Monday - Friday: 8.00am - 5.00pm
Saturday: 8.00am - 3.00pm
Sunday: ClosedSTAFFThe business is owner run and managed with 1 x full time staff member.FINANCIAL PROFILEAccording to the 2015 accounts the business generated a turnover in the region of 104,000 per annum, with a gross profit of approximately 60%.
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