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Finance And Services:

F Lamport & Sons For Sale Garage Services Car Repairs, Maintenance & Mot Station

LISTING DETAILS
Firms For Sale ID:
28675
Vendor reference:
AL187
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£590,000  
Turnover / revenue:
£321,000
Net profit / cashflow:
£90,000
Years established:
1967

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale for both owners.
Support and training:
The owners would be happy to help with a smooth transfer of the business in any way possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Living accommodation:
The bungalow is next door to the garage on the same site. There is a large open plan lounge/dining area with a fitted kitchen and a master bedroom downstairs. At the back of the house is an attractive conservatory and there is also a bathroom/toilet and storage cupboard. The loft has been converted to give extra space and is used as two double bedrooms at present. At the rear of the property are two secluded gardens offering maximum privacy with rockery and mature trees. The bungalow has secondary double glazing to keep any noise out and has gas central heating throughout.
 
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BUSINESS DESCRIPTION
F Lamport & Sons for Sale
Garage Services Car Repairs, Maintenance & MOT Station
Ref.AL187
Location Lofthouse Wakefield, West Yorkshire WF3 3ND
Asking Price GBP 590,000 including purchase garage freehold and residence
This is a fantastic opportunity to acquire a garage services business which is located to the South of Leeds on a busy main trunk road. It affords new owners numerous opportunities to expand the services of this business whilst building upon the success that the current owners have enjoyed since 1967. Together with the garage is a large three bedroom bungalow with gardens in which one of the two partners currently lives.

This is a traditional garage which specialises in expert motor vehicle repairs, servicing and class 4 MOTs together with a small amount of tyre and battery sales to their customers. They offer a cost effective and friendly service with the ability to work on all makes of cars. There is a car wash and air line on site which are owned and serviced by an external party, with the turnover split between both parties.

Over the past forty three years the owners have built up a loyal and dedicated base of regular repeat clients. They are known for their honesty, integrity and reliability with the majority of their business coming from private motorists. The business is competitive with other local service and repair outlets, choosing to differetiate itself by the quality of its service, ensuring that the busines has outlived many other local competitors that have fallen by the wayside.

This is a small independent garage with a well-equipped workshop offering friendly and genuinely personal service from a first class, well experienced team. It has demonstrated consistent financial performance throughout its many years of operation and is well managed by the current owners, representing an excellent investment opportunity for anyone wishing to acquire a garage services business and freehold bungalow with enormous growth potential.

Expansion Potential
There is tremendous growth potential for this business and for the site. The demand for garage services is as strong as ever. New owners contributing fresh ideas, enthusiasm and motivation will have every advantage of building upon the excellent platform that the current owners have laid down.

The large forecourt at the front of the building lends itself to a used car sales operation and this area could easily be re-developed for a small investment. Inside there is also a reception/shop area which at present is not being utilised to the full.

The business has not felt the need to invest in any advertising or marketing. The current owners have been happy to work only four days per week on the business that comes in regularly from their loyal customers. New owners would be able to attract new business from a small marketing campaign to promote the business and to open on a Saturday morning.