For Buy

Property for sale on Cheadle Road, Cheadle, Greater Manchester, SK8

275,000£(Fixed)
275,000£(Fixed)
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Overview

  • ID No

    21527
  • Type

    Apartment
  • Parking

    Ask Agent
  • Sqft

    2000
  • Purpose

    For Sell
  • Location

    Cheadle Road, Cheadle, Greater Manchester, SK8
  • Lease

    Ask Agent
  • Furnished

    Ask Agent

About This Listing

Property for sale on Cheadle Road presents a rare opportunity to acquire a well-established tyre and automotive service centre in South Manchester. The business, founded in 2005, offers a wide range of vehicle repairs, including interim, full, and major car servicing. It is located in a high-visibility area, attracting steady foot traffic from both residential and industrial surroundings.

So, this profitable operation is run the current owner with support from a full-time tyre fitter, two full-time mechanics, and a part-time manager. Over the years, the centre has built strong customer relationships, resulting in high levels of retention and repeat business. Customer trust and service consistency remain key to its long-standing success.

Trading hours are Monday to Friday from 08:00 to 17:00 and Saturday from 08:00 to 12:00. So, the garage closes on Sundays, offering a work-life balance for the team. So, the workshop spans 70.3m2 and is fully equipped for diagnostics and repairs. As part of a respected national service network, the business benefits from strong supplier relationships and access to premium products and services.

The financial performance of the business is healthy. For the year ending 31 January 2024, turnover reached £739,865 with a Gross Profit of £335,368 and an EBITDA of £160,131. This underlines the business’s consistent performance and strong operational foundations.

The leasehold property for sale on Cheadle Road is price at £295,000 + SAV. Although the current lease has expires, a new agreement can be arrange, subject to landlord approval. Also, terms are expect to be competitive, making this an attractive investment for serious buyers.

There is significant potential to grow the business further. Expansion of opening hours, additional marketing, or service diversification could increase turnover. Given the established reputation, location benefits, and financial stability, this business presents a solid investment opportunity.

Key Features:
  • Property for sale on Cheadle Road, South Manchester

  • Turnover £739,865 | GP £335,368 | EBITDA £160,131

  • High customer retention with repeat trade

  • Competitive new lease terms (subject to approval)

  • Long trading history and loyal staff

Viewing is highly recommending to fully appreciate the business’s potential. Contact us.

Features & Amenities

  • Amenities Ask Agent

Map Location

Cheadle Road, Cheadle, Greater Manchester, SK8,SK8,Manchester

Yelp Nearby Places

Walk Score

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