For Sale

Well Established Repair Garage

West Wickham, Kent

£119,950 +SAV

Ref: B05113

Contact sales negotiator

James Cunliffe

01204 556 300

Email James Cunliffe

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Description

Hilton Smythe are delighted to present to the market S & S Services, a family garage established by our client nearly 20 years ago and now offered for sale to allow our client to retire.


The garage offers fast and friendly service, highly competitive prices with trained technicians able to work on any car make or model. They can happily carry out service and repairs including MOT prep work on both cars and small vans.


The business comes with a new 10-year lease.


The garage is a proud member of the RMI and ‘Trust My Garage Scheme’, there is excellent customer reviews on both these sites as well as the garages own website.


Services include - full servicing, brakes, welding, MOT work, crypton tuning, full computer diagnosis and wire conditioning services.


95 % of their work comes from regular customers with only 5% from local contract work. They will pass over the details of 1,100 live customers held on their database, including their own business website.


On average they Repair 4-5 cars per day, operating just a 5-day week.


Now run to suit our client, he identifies there is so much potential to grow the business further -



  • Increasing awareness through Facebook, Google Ad words and local leaflet advertising.

  • Increasing the contract work by approaching local taxis firms.

  • Increasing the number of mechanics working within the garage.

  • Advertise the number plate changing facility

  • Increase changing / replacement of tyres

  • Recovery service


A full business handover will be offered

Tenure

Leasehold

We are advised the business is being offered as a Leasehold opportunity with a new 10-year lease paying just £12,000 per year. The rent also includes any business rates owed by the garage.

Hours

Only operating Monday to Friday - 8am to 5pm

Staff

The business is run and managed by our client with the help of 1 Full time and 1 Part time mechanic

Financial Profile

The business achieved a 2018 annual Turnover in the region of £150,000 with an adjusted net profit of around £70,000. All assets to be included

Location

S & S Services repair garage occupies a prominent trading position on the corner of Sussex Road directly behind the Subway on the busy High Street in West Wickham.


West Wickham is an affluent and desirable suburb of South East London within the London borough of Bromley. The main route of local shops is positioned on the A232 (High St) which links directly East from the M25 motorway into Croydon to the West.


The business benefits from free customer parking on Sussex Street itself as well as some off-street parking in front of the garage.


Nearest mainline station is West Wickham.


The reputation of this garage attracts loyal customers up to 15 miles from this garage, happy knowing their car is been securely looked after




Premises

Front external - off street parking for 2 cars with agreements to park a further 4


Main workshop -



  • 1 x single 2.5 tonne poster ramp

  • 1 x 2 poster 3.2 ramp

  • Air con machine

  • Tracking machine

  • Oil drum storage

  • Compressor


Separate stockroom - fully shelved and secure room to the rear of the workshop


Admin office -



  • Desks, pc, printer, filing cabinets

  • new battery charger

  • TV

  • Air con machine

  • New phone system


Staff kitchen and toilet

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