Sold

Garage Priced to Sell in Bury St Edmunds

Bury St Edmunds, Suffolk

£36,995 +SAV

Ref: 14513 I

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Description

Hilton Smythe welcomes to the market Evron Automotive Services, which was established by our client in 2013. Our client has recently downsized the business as they are looking to move in a different direction. Due to this the owner has asked us to market the business at a price to sell. Evron has the work ethic of being the best garage and car repair centre Bury St. Edmunds has to offer and they specialise in Volvo, Saab, BMW, VW, Audi, Porsche along with other makes. The business is being sold with the website www.evron.co.uk along with a Facebook page. Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold business opportunity. There is currently a 3 month rolling lease with an annual rent of £12,000. The landlord is flexible about setting up a new lease of circa 3-5 years.

Hours

The business opening hours: Monday - Friday: 7.30-6Saturday: 7.30-3 by appointmentSunday: closed Although these are the advertised opening hours, which are set up for drop off and pick up of vehicles, recently the garage has not been open these hours, due to the owner downsizing their workload in order to move into a different line of work.

Staff

The business is run and managed by our client, with the help of 1 part time member of staff.

Financial Profile

Evron generated an advised turnover of circa £96,000 as of the 2017 accounts. However, the accounts for 2016 show a turnover of £165,113 with a gross profit of 58.5%.

Location

Evron Automotive Services is located in Bury St. Edmunds within Suffolk on an industrial park on the outskirts of town, close to the A134 and A14 with parking directly outside the premises on the forecourt for several vehicles. Bury St. Edmunds is a large market town located in West Suffolk with large employers such as Greene King and Silver Spoon and has a population of over 41,000 with many surrounding well populated villages. There is a mainline train station and many bus routes to and from surrounding towns.

Premises

Evron Automotive Services is located in Bury St. Edmunds within Suffolk on an industrial park on the outskirts of town, close to the A134 and A14 with parking directly outside the premises on the forecourt for several vehicles. Bury St. Edmunds is a large market town located in West Suffolk with large employers such as Greene King and Silver Spoon and has a population of over 41,000 with many surrounding well populated villages. There is a mainline train station and many bus routes to and from surrounding towns.

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