Established in 1971, this independent car garage has an outstanding reputation in this affluent part of Middlesex.
The business carries out all aspects of vehicle servicing, repairs and MOT testing through a long-established partner garage minutes away.
Set up as a VW Audi group specialists, typical cars range from 3 year old Mercedes to 1970s classics with many VAW group as well as other brands inbetween. Currently, the business operates with a team of three between Monday to Friday 9am – 5pm with specialists available to support where required.
– Predicted sales revenue for 2020 is over £165k
- Sales increased by 21% from 2018-2019
- Sales in the latter half of 2019 saw an increase of 43%
- Average weekly sales are at the highest ever level
- Customer base are exclusively A/B social grade for profitable jobs with premium parts
The workshop will fit five cars (with 20 on-site) and is equipped with a two post lift, scissor lift, tyre machine, wheel balancer, compressor, single/three phase electricity and an arranged of garage tools. There is a separate office, reception and storage areas including a large second story area above the workshop. An small independent bodyshop in close proximity offers welding, paintwork and full restorations for a complete service.
There has been recent investment in improving the brand through a website and customer management software, but the business relies on word of mouth for increasing sales and profitability with several hundred loyal and repeat customers and new customers every week. In the last 18 months two long-standing competitive have closed due to retirement, further increasing the local customer base.
By investing in signage, local sponsorship, targeted advertising and social media and increased opening hours, there is much wider scope for increased profitability. In addition, the closure of two long-standing competitors closing (due to retirement) and the reputation of this garage means new customers are added to the significant customer database each week. The premises benefits from many under-utilised spaces for storage including additional storage opportunities on the site providing income of £13,200+ pa (STC).
Business available on annual license agreement at £12,000pa with a minimum term of 3 years. No business rates (as announced in the 2020 budget).
Business priced for quick sale due to ill-health – Prompt sale required. Serious enquiries only.