Reason for Selling:
Due to family commitments the owner wishes to sell
Overview of the Business:
This garage is a long established and reputable repair service center based in Poole, Dorset, offering all types of major repairs, servicing and MOT, (Class 4), to all makes and models of cars. This is a thriving business offering service and repair for cars & commercial vehicles, petrol & diesel and clutch and brake repairs, servicing and testing, car air conditioning service and repair etc.
The business specializes in complete vehicle diagnostics, diesel & petrol engine management systems, anti lock brake system faults and air conditioning systems for car and light commercial vehicles. Unlike many other garages, not only do they diagnose the problems they also repair and service vehicles.
The business is well equipped with all necessary equipment to service and repair. It is the first choice of its customers for specialist trade including servicing and repairing of all vehicles.
Property Features and Assets:
The business operates from secure, well-suited premises with ample parking facilities. The premises are well lit, open and airy. It comprises of a well-equipped workshop with roller shutter and an MOT bay fitted with four post ramp to handle the high volume of work and is completely equipped to handle all phases of vehicle repairs. This business is also benefited with reception area, staff rest room, facilities and used car sales area.
The property is leasehold, term of lease is 9 years starting from September 2003, rent is reviewed every 3 years. The current rent is £12,500 per annum.
Market Competition and Expansion:
The business has used limited advertising in the past and there are excellent opportunities to increase this and to improve an Internet presence to market the business more aggressively and to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. A large percentage of new clients derive from recommendations, the business regards existing customers as their best advertisers. Always busy the business has surpassed growth expectations and gained an excellent reputation since inception.
Additional Details: