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Well Established Car Repair Garage For Sale

Northampton, Northamptonshire, UK
Asking Price:
£89,995
Sales Revenue:
£109,000
Cash Flow:
Available on request

Business
Please quote reference B05965

Hilton Smythe are delighted to present to the market J & V Car express, a renowned independent car repair garage with over 7 years trading history.

The business was purchased by our clients in 2018 who not only relocated the business to this new industrial unit but also embarked on a plan to add new equipment to this tired business. The garage is now been offered for sale due to new business plans outside the garage.

J & V Car Express offers car body work, engine repair work including car accident work.

We are advised they can work on any model of car due to the wealth of experience gained over the years.

Car Body Repair –

Bumper repairs
Scratch & dent repairs
3-stage car body polish
Restorations & modifications
Full accident repairs
Alloy wheel refurbishment
Painting

Our clients have recently installed a new paint spray booth which is allowing them to take on more body spray work.

Our clients advise the body repair work comes from both word of mouth, website enquires and insurance companies.

A great unique selling point of this side of the business is the availability to finance any work required for each car. This is a significant boost for this type of work as customers can agree to more work being carried out to their cars and make the complete cost more affordable.

The mechanical repair side of the business comes with a testing & diagnostics service which allows the garage to easily identify more electronical problems quickly and arrange the repair straight away.

There is an excellent website included with the business which not only details the full list of services but also allows customers to book online.

Our clients also offer a 15% discount for repeat customers.

Other advertising platforms include –

Facebook – over 100 business followers
Yell.com
Whocanfixmycar.com
Bark.com
192.com
Nearbyme.com
Carexamer.com
-----.--.--
Snewsbusiness.over-blog.com

We strongly recommend any interested buyer to make early enquiry on this business as very rarely do good garages in this area come onto the open market. There is a clear trend across the country of people holding onto their existing cars longer and seek to find a more local affordable repair garage following the initial 3 year car warranty period.

The ability to carry out both mechanical and body repairs under 1 roof again makes the business more attractable to anyone looking for a garage able to attract more types of customers.

Any new buyer may also look to add a 24 accident pick up service to further increase the current sales levels.

Location
J & V Cars Express is located on the very popular Moulton Park Industrial Estate in Northampton.

Moulton Park is an ideal location for this type of business and is home to many other repair garages, car & van rental companies, light manufacturing companies, tool companies, distribution centres, engineering companies and is positioned just off the A5076.

Moulton Park is well positioned between the A508 and A43 which both lead directly into the centre of Northampton. Several colleges including the University of Northampton are located within 2 mins drive.

Northampton is a large market Town located within the county town of Northamptonshire in the East Midlands. It lies on the River Nene, 60 miles north-west of London and 50 miles south-east of Birmingham. As a result, Northampton has become an ideal commuter haven for both cities and is now one of the largest towns in England.

There is free customer parking available outside the business.

Premises
Ground floor –

Car repair area – includes a 4 x poster ramp, new compressor, trolley jacks, large range of repair tools, air machine, drying racks
New Spray booth – modern enclosed spray unit with ventilation
Paint storeroom
Staff kitchen area & toilet

Office area/storage

Tenure
We are advised the business will be offered with a newly agreed 2 year lease term paying just £10,000 per year. The business also benefits from full small business relief paying 0 rates in the current year.

Hours
Monday – Friday – 9am to 6pm
Saturday – 9am to 4pm
Sunday - closed

Staff
The garage is run and managed by our clients with the help of 1 x full time mechanic and 1 x full time body repair technician (both of which are self-employed).

Financial Profile
We are advised by our client the business is on track this year to achieve £-------,000 in Turnover and approx. £50,000 in operating profit. Reported turnover for the first 6 months of the year has already reported in excess of £50,000.

Please quote reference B05965

Property Information

Property:

Leasehold

Contact Information

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