Parking/garage for sale in Newhaven, Scotland, United Kingdom EH6

Business
Please quote reference B07744

CoGoGo are delighted to welcome to the market ag Auto, a highly rated vehicle repair shop in the Newhaven area of Edinburgh.

The business was first established by our client in 2016, building up an excellent reputation and regular customer base. As seen by the ratings and reviews on Google, the business is highly rated within the area.

Ag Auto has now come to the market as our client is looking to move onto other business ventures.

They're one of the leading mobile vehicle repair providers serving customers in Edinburgh. Ag Auto offers a full range of garage services at the roadside to vehicle owners, dealing with a wide range of car services.

They offer high quality vehicle repairs to all makes and models, as also do health checks, servicing, brakes, suspension repairs, clutches & gearboxes. They also do diagnostics.

Key selling points -

• Low offer heads


• New lease tern to be offered


• High demand for services


• Excellent location


• Handover offered


• Further growth opportunity

Scope for further growth -

• Increase number of mechanics


• Extend current opening hours


• Embark on modern marketing schemes like


• Push advertising

Location
ag Auto is located on Craighall Road in the Newhaven area of Edinburgh.

The business is well presented and has eye catching signage, with ample parking available in the area.

Premises

• Large workshop


• Store room


• Office


• Kitchen space/Toilet

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a rolling lease agreement. The current rent is £12,000 per annum.

A new lease is to be negotiated with a new buyer.

Hours
The current trading hours are -

Monday to Friday - 9:00am - 5:30pm

Saturday to Sunday - Closed

Staff
We are advised that the business is run and managed by our client, with the help of 2 other staff members.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £285,000. Further financials can be made available upon request.