Freehold Vehicle Service Station Incorporating Petrol Forecourt, Garage Workshop, Small Bodyshop

2361

Freehold Vehicle Service Station Incorporating Petrol Forecourt, Garage Workshop, Small Bodyshop, MOT Test Station (Car & Commercial), Car Sales, and Vehicle Hire

Ref.AL185
Location Chester, Cheshire
Freehold

Asking price: £695,000 plus fuel stock

Asking price includes:

Asking price includes:

Superb large 1-Acre freehold site (circa £300,000)
Large fully equipped workshop(5 Ramps) and separate MOT Bay
Consistent Turnover in excess of £1,750,000 per annum
Current Gross Profits circa £237,000 per annum
Experienced team of staff
High level of diagnostic plant and equipment
Full IT Back office system
Very high profile site
Potential redevelopment site
Large loyal blue chip customer base
Established site-over 100 years trading
Website
Goodwill
Business profile:
This highly respected and professional business was set up initially to provide customers, both retail and business to business, with a complete one stop solution for all their motor vehicle running and maintenance needs. The business offers a comprehensive range of services to clients that includes:

• Full petrol/diesel forecourt services to commercial vehicles and cars including convenience store serving hot and cold drinks, foods, sweets, magazines etc.
• Large mechanical workshop(5 ramps) for servicing, testing and repairs of cars and commercial vehicles
• Fully equipped MOT Test Station
• Bodyshop offering smart repairs
• Retail car sales (planning for some 40 vehicles on site)
• Car and Van Hire(a very recent addition to the business )

Originally set up back in 1898 the site has historical market presence. Today the two main sales generators are the workshop and the fuel forecourt. However the other facilities this business provides represent significant revenues generators ripe for future development.

The business is ideally located on a major route close to some of thre area’s largest business organisations as well as close to major retail and residential areas. Because of its high profile location and comprehensive range of services the business has built up an impressive blue chip customer base and enjoys contracts with many blue chip companies
who have significant fleets of vehicles that require maintaining. It is also close to well populated areas and enjoys good levels of passingb retail trade. It is a large facility with superb infrastructure that has plenty of scope for future expansion.

The site itself is freehold and there is room to expand the operation within it current boundaries. The vendor may consider leasing the site or splitting the various functions of the business should a new owner so require.

Facilities:

The premises are freehold. Freehold valuation of the site is circa £600,000. Rates are circa £7000 p.a. The site is large (circa 1 acre) and comprises a fully equipped workshop (5 ramps and one pit), Separate MOT Bay ,Bodyshop, reception/car hire and waiting area, retail counter for fuel sales, upstairs offices and toilets. Outside there is a very large forecourt with car sales area. There is also a secure rear yard ripe for expansion. The site has good access, visibility and good signage.

Competition:

The business does no traditional forms of advertising. It does have an informative website, however the majority of work comes via word of mouth recommendations, repeat business and referrals. The business also enjoys a very high profile location. The business would certainly benefit from a strategic sales and marketing campaign as well as the development of a customer database to increase overall customer spend.

Growth Potential:

The business enjoys very good levels of business year on year such is the reputation it has developed in the area. The business has contracts with major companies in the area which ensures consistent levels of business. The garage does very little in the ways of advertising and could easily increase business levels within the workshop and bodyshop with a more proactive sales approach. The car and van hire service is a very new addition to the business and this is already showing good growth. This trend is expected to continue as the demand is already there. Car sales could also be pushed more as the site is so high profile and has planning that allows up to 40 cars on the forecourt at any one time(this facility is currently under-utilised by vendor). The vendor is currently looking to increase MOT activity still further by upgrading the facility to cater for Class VII Vehicles. Further opportunities exist due to the size of the site. It has a yard which could be put to better use.

Training/Support:

The current owners would be happy to provide full training and support at handover.

Sale Reason:

Personal reasons