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Well-Equipped Garage In East Sussex For Sale

East Sussex
Asking Price:
£75,000 Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
Available on request

Situated in a rural but easily accessible location near Eastbourne in East Sussex, this very spacious garage was established in 2014 and is currently run by the two owners along with 1 full-time employee. The business is now reluctantly for sale due to ill health.

Together with all types of servicing, maintenance and repair work, the garage also generates a good income from used car sales. It has already built an excellent reputation which is reflected in some outstanding online reviews.

The trading name is included in the sale of the business along with a highly professional and well-maintained website. In addition, the current owner is willing to offer help and support during a handover period to ensure a smooth transition following the sale.

Draft accounts for the year ended 30th June 2017 show a turnover of £393,111 (comprising servicing and repairs: £129,617 and used car sales: £263,494). We understand that the current rent payable is £1,300 per calendar month.

Please note that the vendors would also consider selling just the servicing and repairs element of the business, i.e. excluding used car sales. With this option, we understand that the size of the unit (and the rent) could potentially be reduced by half.

Leasehold £75,000 Ref: P33334T

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