Hilton Smythe is delighted to welcome to the market this busy vehicle repair and service business, which is ideally located within Walsall, West Midlands.
The business was established by our client in 2010 and is only now being offered to the market, due to our client's other business interests. The business currently operates 6 days per week and generated a turnover in the region of £70,000, with a gross profit of approximately 82%, as per the 2016 accounts.
Our client offers a variety of services, including vehicle repairs and servicing, mechanical repairs, car bodywork, brakes, timing belts, clutches, steering problems, suspension, diagnostics and electrical faults, to name a few. The property boasts 473 sq. metres of floor space, is well maintained and fitted out to suit the trade with double height roller shutter doors and 2 x two post ramps.
The business has built up an excellent reputation within the area, for the high quality of the services 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 extending the work to larger vehicles, due to the large roller shutter doors. A new owner could embark on a modest marketing campaign to advertise the services offered. We also feel the business would benefit from the launch of a website to promote the garage, as well as utilising social media websites, such as Facebook and Twitter, which is a good way to get free advertising.
This is an excellent opportunity for a new owner to take this busy garage to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.
TENUREWe are advised Leasehold:
Rent: £9,500 per annum
HOURSThe business is open:
Monday: 9.00am - 6.00pm
Tuesday: 9.00am - 6.00pm
Wednesday: 9.00am - 6.00pm
Thursday: 9.00am - 6.00pm
Friday: 9.00am - 6.00pm
Saturday: 9.00am - 6.00pm
STAFFThe business is owner run and managed with 4 x part time staff members.
FINANCIAL PROFILEThe business currently operates 6 days per week and generated a turnover in the region of £70,000, with a gross profit of approximately 82%, as per the 2016 accounts.
AFG Motor Services Ltd occupies substantial ground floor, lock-up premises, ideally located within Walsall in the West Midlands. The business is situated on an industrial park, on the outskirts of the town and is surrounded by complimentary businesses, therefore, benefiting from a high volume of footfall and passing trade. The area of the property is heavily populated, from which the business derives much trade. The business also benefits from good car parking facilities to the front of the premises.
Walsall is an industrial town in the West Midlands. According to the 2011 census, the towns built up area had a population of 67,594, with the wider borough having a population of 269,323. Walsall town centre has become a very popular shopping destination and offers free or cheap parking within the town centre.
The area of the business is well served by the public transport system, with a bus stop directly outside the industrial park. Walsall railway station is approximately 1½ miles away. The area is also served by excellent road networks, with the A454 being within easy driving distance, which links to the M6 motorway and the national motorway networks. Sutton Coldfield is approximately 9½ miles away and Birmingham is 12½ miles away.
Substantial ground floor, lock-up premises in a prime trading location, briefly comprising:
Spacious garage workshop.
Racking and shelving to suit trade.
2 x two post ramps.
Tyre changing machine.
Headlight alignment machine.
2 x hydraulic jacks.
Upright battery charger.
Hand fork lift.
Good parking facilities.