Hilton Smythe is delighted to welcome to the market this well-established and busy garage business, ideally located within the town of Rainham.
The business was originally established in the 1980s and has been in our client's careful ownership since 2012. Only now is the business being offered to the market due to our client's desire for a change if direction. The business currently operates 6 days per week and generates a turnover in the region of £166,000 per annum, with a good gross profit of 52%, as of 2014 accounts.
Our client offers a wide variety of services including all types of mechanical work, both to cars and light commercial vehicles, servicing, brakes and clutches, air conditioning, engine tuning and conversions, engine diagnostics, exhaust systems and fuel injection work. our client also offers a local pick up service. The premises are very spacious with two roller shutter doors and 3 x four post ramps.
The business has built up an enviable reputation within the area for the very high quality of the work and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by embarking on a modest marketing campaign to highlight the excellent services offered. A new owner could also MoTs, as currently our client tends these out to two local garages. The business already has a very informative website in place at www.motormobile-rainham.co.uk.
This is an excellent opportunity to acquire a very busy garage business in an ideal location; therefore, early viewing must come highly recommended to avoid disappointment.
TENUREWe are advised Leasehold:
Original lease length: rolling monthly lease
Rent: £650 per month
HOURSThe business is open:
Monday - Saturday: 8.30am - 6.00pm
STAFFThe business is owner run and managed with 2 x staff members.
FINANCIAL PROFILEThe business generates a turnover in the region of £166,000 per annum, with a good gross profit of 52%, as of 2014 accounts.
Motor Mobile occupies substantial detached ground floor premises, ideally located within the town of Rainham, Kent. The business is situated on a small industrial estate with several other complimentary businesses. The business benefits from excellent car parking to the front of the premises. We are advised that a further 500 new homes are to be built within the area this year.
The town of Rainham is a part of the Medway Towns conurbation in South East England. Rainham has a historic town core, with over 40 unique independent specialist shops and restaurants. A short walk from the town is Rainham Marshes Nature reserve and the RSPB Visitor Centre, where you can explore the fascinating wildlife.
The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. Rainham railway station is approximately 1½ miles away. The area is also well served by the A-roads, with both the A2 and A249 being within easy driving distance, which link to the national A-road and motorway networks. Chatham is approximately 6½ miles away and Maidstone is 12½ miles away.
Substantial ground floor detached premises in an ideal trading location, briefly comprising:
2 x roller shutter doors.
2 x Two poster ramps.
Small office area.
All repair tools.
New snap on car air conditioning unit.
Large customer car park.