Garden Machinery business in Lancashire For Sale

Situated in a Farm, commercial area, Lancashire.

Turnover £ 25,000
Price £150,000

Features

Premier Supplier of Refurbished Lawn Mowers & Tractors

5 DAYS OPENING
2023 NET PROFIT £132,879

2024 Mercedes Sprinter Van
TORO Mowers Tractors Machinery

The vendor is happy to provide a 6 month handover period

Steel framed and Cladded 120st x 150ft Warehouse for storing completed machines, includes fully equipped workshop for all work undertaken.

Turnover

The sales year ending 31st October 2023 show sales of £1,322,735, with gross profti of £283,003 and a net profit of £132,879

Staff

The business is at present operated by the vendor deals with buiying & selling with 1 self employd michanic & 1 body specilist.

Trading Hours

5 Day week
MONDAY - FRIDAY 8am - 5.30pm

Tenure

The private landlord owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 10 years full repairing and insuring lease with rent reviews every 5 years at a rent of £24,000 p.a. for the first 5 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£500,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote