Business for sale

Business description

Advent Business Sales are delighted to offer
for sale this extremely well established
BMW specialist workshop with further
growth potential.
Established by the current vendor in 1981,
the business is reluctantly offered for sale
due to retirement and relocation plans.
Our client is an independent BMW motor
vehicle specialist, offering extensive
mechanical and servicing requirements.
Clients are drawn from all over the Telford
and surrounding area and some further
afield.
Our client’s reputation is second to none and
this has been demonstrated over the years by
amassing a sizeable regular customer base.
Our client is a M3 and M5 specialist and
carried a tremendous amount of spares and
parts to compliment customer requirements.
In all, stock holding is in the region of
£100,000.
The garage is fully equipped for purpose, this
would include:
• A comprehensive selection of
diagnostic equipment
• Mig and tig welders
• Ramps
• Air compressors
• Extensive range of other related
equipment
The business is available Leashold at
£178,500 and the building only at £225,000
REF: 8914TF
TRADING HOURS
Mon-Fri: 9am – 6pm
Sat: 9am – 1pm
EXPANSION POTENTIAL
The business offers excellent scope to
increase both turnover and profits further
by:
1. Advertising more
2. Employing more mechanics and
increase workload
3. Lease or rent parts of the premises to
complimentary businesses
4. Increase dealer contractual work
5. Potential dub division to provide 2
independent units
The business is offered on a freehold or
leasehold basis, although, the vendor would
consider a freehold property only purchase.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £197,000
Gross Profit: 79%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Large detached commercial premises
approximately 4100 sq ft and comprising of:
• 2 separate entrances with first area
comprising of a main reception area,
workshop, office, w/c, staff area,
mezzanine storage, office and stores
area
• The second area mirrors the first
area
• The rear unit comprises of a main
workshop with 2 roller shutter
access doors with adjoining offices
and ancillary areas
• A further detached concrete section
building to the rear with own access
• Floor areas
Ground Floor – 3616 sq ft
• Incorporates 2 sets of reception
offices and w/c enabling
independent occupation in 2
parts if required
• Mezzanine storage 338 sq ft
with an additional mezzanine
area with ladder access only
• Detached pre fabricated store
492 sq ft
• Total gross internal floor area
4109 sq ft plus mezzanine
storage of 338 sq ft
External

Shared private drive access

Parking for a number of vehicles
TENURE: Freehold/Leasehold
-terms to be negotiated
Original lease: TBN
Remaining lease: TBN
Review every: TBN
Rent: TBN
We are advised that the annual business
rates are currently: £4,000
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.