Property Information
Address:
Peterborough, Cambridgeshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH523991
Property Ref/Agent: 12812-well-known-garage-for-sale-in-crowland
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe are proud to present to the market Broadway Garage.
Our client established the well-known business in 1989 and has been in his careful ownership since, but now has reluctantly decided to sell due to wanting to retire. Our client also feels that the right new owner could take this already thriving garage to the next level and help it reach its full potential.
The garage currently specialises in tyre changes and fitting's, MOT's and general fixes to vehicles. Online the Broadway Garage has great reviews such as 'By lunchtime leak was found and repaired for a small fee, excellent service'
Broadway Garage is currently turning over a figure of 60,000 per annum and has a gross profit circa of 46%, although we think this is an excellent turnover, we also feel there is scope to increase the turnover by employing other mechanics as the business is currently owner run and managed, this will bring more work and more money to the business, also the owner could embark on advertising on social media or create a commercial website to highlight the excellent service offered.
We feel an early viewing on this business would be highly beneficial to avoid disappointment.TENUREWe are advised that the business is Leasehold.
We are advised that a new lease is available.
Rent 3,900 per annumHOURSThe business is open from:
Monday - Friday: 8:30am - 5:00pm
Saturday 8:30am - 12:00pm
Sunday: ClosedSTAFFThe business is currently run by the owner.FINANCIAL PROFILEThe business reports an annual turnover of 60,000 per annum and has a gross profit of 46%.
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