A going concern well established business of a busy car breakers offered for sale due to planned retirement. Situated in an area of similar industry operators and known locally as the destination for breakers and motor parts. Situated within easy reach of the town centre of Bury and also the motorway network, the location is superb.
The secure gated site is substantial, approximately 6,600 square foot and we are advised it can accommodate circa 100 cars. The premises is leased from Bury council, we understand this is to be renewed from 2018 for a period of six years (we have not seen the renewal lease to date) at a cost of approximately £6,700 per year.
We are advised that the business has been trading since 2000 and has been consistently profitable with a recent turnover of circa £40,000. The business has earned a reputation for excellent service, goods offered, and a loyal client base which results in repeat business. We understand that turnover is generated from buying / selling vehicles, vehicle accessories, vehicle engines, tyres and alloy wheel sales. That said it is felt that there is substantial potential to further grow, perhaps through: an increase in online presence and sales, sale of parts via ebay, expand internally to include traditional garage repairs, breakdown recover etc.
There are 5 20ft cabins, an office cabin, toilet and wash basin cabin, a two post and a four post ramp in the mechanics inspection garage, Poclain 60 excavator on tracks, there are two phone lines and broadband in the site.
The asking price is plus stock, which for easy value is priced at £100 per car on the yard.
Please contact Cardwells Estate Agents Bury with any enquiries or to arrange a viewing and meeting with our client, on 01617611215 or via [email protected]
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