Garage Business for Sale - Leeds

Garage Services – Car Repairs, Maintenance & MOT Station - South Leeds
Asking Price £590,000 including purchase garage freehold and residence
Freehold includes a house, presently with tenant’s value circa £350,000 and garage freehold circa £250,000,
Asking price includes:
Turnover circa £321,000 per annum
Operating Profit circa £90,000 per annum
Freehold property valued in 2008 at circa £990,000
Large three bedroom bungalow with gardens
Excellent main road garage location
Well established - 1967
First class name and reputation
All year round business
Profitable with low overheads
Goodwill
Business profile:
This is a fantastic opportunity to acquire a garage services business which is located to the South of Leeds on a busy main trunk road. It affords new owners numerous opportunities to expand the services of this business whilst building upon the success that the current owners have enjoyed since 1967. Together with the garage is a large three bedroom bungalow with gardens in which one of the two partners currently lives.

This is a traditional garage which specialises in expert motor vehicle repairs, servicing and class 4 MOT’s together with a small amount of tyre and battery sales to their customers. They offer a cost effective and friendly service with the ability to work on all makes of cars. There is a car wash and air line on site which are owned and serviced by an external party, with the turnover split between both parties.

Over the past forty three years the owners have built up a loyal and dedicated base of regular repeat clients. They are known for their honesty, integrity and reliability with the majority of their business coming from private motorists. The business is competitive with other local service and repair outlets, choosing to differetiate itself by the quality of its service, ensuring that the busines has outlived many other local competitors that have fallen by the wayside.
This is a small independent garage with a well-equipped workshop offering friendly and genuinely personal service from a first class, well experienced team. It has demonstrated consistent financial performance throughout its many years of operation and is well managed by the current owners, representing an excellent investment opportunity for anyone wishing to acquire a garage services business and freehold bungalow with enormous growth potential. Visit Website

Net Profit: £90,000

Turnover: £321,000

Asking Price: £590,000

Business Location: Yorkshire

Business Type: Business for Sale

Business Sector: Business Services

Ref: AL187

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