Garage (MOT/Servicing/Repairs)
Business for sale
Asking Price:
£600,000
Turnover:
£160,000
Annual profit:
£60,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This is not only a superb MOT/vehicle repair and servicing business, but also an investment opportunity for a new owner. The history and location of this garage makes this a unique opportunity for anyone in the vehicle servicing and repair trade. The garage has been a vital standby of local car owners in the area for 25 years. The current owner has been here for 12 years, and has built up a large, loyal base of repeat customers. The MOT tests done in the garage average 7-8 per day, and the customers come back year after year. The garage has a prominent central location in a small town, with plenty of parking spaces available nearby. There is no direct competition in the near vicinity. There are 3 service/repair bays and a well-constructed MOT bay. The equipment is all that might be expected in such a business. The premises also include offices and store rooms. The seller is offering a handover period of up to six months, if required by the new owner. He will introduce the new owner to local customers and carry on conducting MOT tests, if required, whilst the new owner is making the necessary regulatory measures to transfer the MOT business into his or her name. This area of Kent is a pleasant place to live and ideal for raising a family. The current owner is offering the freehold for sale. This makes this purchase a good investment opportunity. The new owner can maintain the garage business, and the planning regime means that direct competition in the vicinity is not likely to be developed. In addition there is always the possibility of alternative uses for the land comprised in the purchase of the freehold. Part of the site is rented out to complementary uses, and this helps support the trade and makes the business more profitable. Given the freehold interest and the quality of the business, a buyer should have a good chance of qualifying for commercial funding for the purchase. Do not delay and miss this chance contact us NOW.Building & Property
Building: 9000
Real Estate Available: No
General Information
Reason for Sale: The owner wishes to emigrate
ListingID#: LEYTOT000156
Employee details
Fulltime staff:
2
Parttime staff:
0
