Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Garage Service For Motor Vehicles/cars And Light Commerical Vehicles, Tyre Bay, Mot Test Station

LISTING DETAILS
Firms For Sale ID:
30829
Vendor reference:
AL215
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£350,000  
Turnover / revenue:
£563,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Monday – Friday: 08:00-17:30 Saturday: 08:30-12:30
Number of employees:
8

OTHER DETAILS
Reason for selling:
The vendors wish to spend more time pursuing their other non conflicting business interests.
Support and training:
The current owners would be happy to provide full training and support at handover. This should be a relatively simple process as the vendors have put in place a General Manager who runs the business on a day to day basis.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Premises are leasehold. Current rent is circa £30,000 p.a. Rates are circa £9961 p.a. It is understood a new lease would be made available to a new owner, subject to negotiation.
 
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BUSINESS DESCRIPTION
Garage Service for Motor Vehicles/Cars and Light Commerical Vehicles, Tyre Bay, MOT Test Station
Ref.AL215
Location Herefordshire
Asking Price £ 350,000
This family business set up over 30 years ago provides a comprehensive workshop service for motor vehicles/cars and light commerical vehicles within the bustling market town it is located within. The business has built up a sterling reputation in the area during this time and provides, full repair, servicing, maintenance, tyre-fitting and MOT testing services to the local community and beyond.

This profitable business has established itself as a market leader in the region with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business from a loyal following of customers. So much so that the business can boast an active client base of some 2,500 regulars, many of whom span generations of the same family. The majority of clients are retail customers but the business does have a few business clients also.

The garage is fully equipped for purpose and plant includes:

• Dedicated ATL Class 4 MOT bay
• Fully equipped tyre fitting bay
• 5 Ramps (including 4 post ramps up to 5.2 Tonne)
• Full diagnostic equipment
• Range of specialist tools

The vendors have an excellent team of staff including a General Manager who runs the business on a day to day basis. Staff are fully conversant with the latest workshop techniques and engine management systems and the business is compliant with all necessary health and safety regulations and codes of practice.

Location is ideal being close to the town centre and also having ample parking so customers can leave their cars and pick up at a conveneient time later in the day if need be.

Expansion Potential
The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The site has room for expansion if need be and this could easily be achieved if a new owner wished to employ further personnel as the demand is already there.

The tyre sales/fitting operation could easily be grown as this currently accounts for just 10% of overall sales. There is also the opportunity to look at motorbike MOT provision as there is currently only one motorcycle MOT station in the area. It could even look to offer Class VII MOT’s for commercials as the premises have enough height to accommodate this.

Vehicle sales could also be looked at as the business has a large forecourt area on a busy thoroughfare that is currently under-utilised. This is an area the vendors have never really explored.

The business does very little advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.

Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a large and loyal customer base.