Sold

Long Established and Reputable Garage

Hartlepool, Cleveland

£135,000 +SAV

Ref: B05093

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Description

Hilton Smythe are proud to present to the market Ron Payne & Son.

The business has been long established and is very well known in the area, seeing much repeat trade and word of mouth recommendations. Our client has owned for the business for over 32 years and has been in the family since 1960. The business is reluctantly being put on the market as our client feels it is time to start looking at retirement


Ron Payne & Son is a local, independent garage. serving Hartlepool and the surrounding area.

Ron Payne & Son has been providing their customers with a highly effective and professional service. They are a Unipart Car Care Centre which means all parts fitted come with a nationwide 12000 mile or 12 month guarantee.

The business has been awarded the BSI Kitemark, a stringent standard that protects all aspects of their clients experience at the garage. Ron Payne & Son are convinced that this guarantee beyond all others will give confidence in the standard and commitment to quality for customers.

Ron Payne & Son service both domestic and light commercial vehicles.

The new owner could consider extending opening hours to the weekend and we believe the business would also benefit from a modest marketing and advertising campaign to attract new custom.

This is an ideal opportunity to acquire an already popular garage with huge scope for future development; therefore, early viewing must come highly recommended to avoid disappointment.

Tenure

Freehold

We are advised the business is being sold as a Freehold opportunity.


Hours

The business currently opens:-

Monday to Thursday 8.30am to 4.30pm

Friday 8.30am to 2.00pm

Saturday and Sunday Closed


Staff

The business is currently run by our client with the help of his family.


Financial Profile

Ron Payne & Son generated an advised turnover of circa £80,251 as of the 2017 accounts, with a gross profit in the region of £22,300.

Location

Ron Payne & Son is ideally situated on a small but vibrant industrial estate on a main road and as such benefits from high levels of passing traffic. The business is well signed from the main road.

There is generous free parking immediately outside the premises.

Hartlepool is a town in County Durham, England. The town lies on the North Sea coast, 7.5miles north of Middlesbrough and 17 miles south of Sunderland.

Premises

The premises is a large purpose built single storey garage which was previously used as a busy repair centre.


Main Garage Workshop is fitted with concrete floor:

MOT Bay
Ramp
All fixtures and fittings


All tools and much more!

There is a large area of land outside the premises providing ample parking for commercial vehicles.


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