Business for Sale in EXMOUTH, Devon MOTOR VEHICLE REPAIR WORKSHOP

Key Information

Reference

P35946N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Garages

Annual Sales

£359,658.00 Exc. VAT

Accommodation

No

Business Information

Thriving MOTOR VEHICLE REPAIR WORKSHOP, situated in the popular EAST DEVON coastal resort of EXMOUTH, occupying lucrative edge of town centre trading position which is within walking distance and proves popular with clients who can leave their vehicle and simply walk into the town. Easily accessible, situated off busy vehicle thoroughfare, a primary commuter route, bordering densely populated residential areas with the seafront only a short distance away.

Occupying a substantial site, offers masses of car parking with scope to accommodate more than 30 vehicles. Provides reception/office building, main workshop with 2 x 2 post ramp, 4 post ramp, and rolling road offering scope to introduce M.O.T bay which are not currently undertaken. Separate tyre bay, storage facilities and cloakroom, additional workshop and outbuildings which are currently sublet providing rental income.

A respected business having been on site some 26 years, commanding an excellent following with substantial client base providing considerable repeat custom ensuring an abundance of work in hand at any one time. Impressive trading results, comprehensive accounting information confirming a most profitable business, Sales 2024 £375,106 ex Vat, Gross Profit (after wages) £148,481, adjusted Net Profits in excess £90,000 with still further scope to increase through additional mechanic.

Leasehold £125,000 sav Ref: P35946N