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Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well positioned business, which has only been made available for sale due to our client wishing to pursue other business interests.
Currently run mainly under management, the business employs 11 people, including 4 vehicle technicians (one supervising) an MOT tester, a driver and 2 apprentices; there are 2 service advisers and a workshop administrator.
The business has a healthy split between private customers and corporate clients including fleet operators, the largest of which turned over some £85,000 last year.
MOTs carried out are usually between 30 - 40 per week.
There is an excellently fitted out workshop and supportive offices, which offers total accommodation of some 5,700 sq ft, which of course include rest room facilities and kitchenette.
This is a must view business, which still offer huge potential to the right individual or may even suit a trade purchaser.
- Very well established business which was originally started by our client in 1995.
- Modern commercial unit in excellent location totalling some 5,700 sq ft.
- Very well fitted out workshops with a wealth of technical and mechanical equipment.
- Excellent sales of over £750,000 per annum, with the average over the last 4 years being £786,000, producing a very healthy adjusted net profit of £86,000 per annum.
- The property is owned by our client who has stated that a new lease will be made available, with terms to be agreed and subject to status.
- The business currently has an exceptional amount of trade business via fleet operators and the like as well as supplying the local public and has an excellent reputation for service.
- An excellent handover is assured.
Leasehold – our clients are the freeholder of the property and therefore will look to offer a new lease, with terms to be agreed and subject to status.
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