Established Mot Station & Garage | | Undisclosed Essex | | ESSEX ESTABLISHED MOT STATION AND GARAGE Located in a delightful riverside town with 26 year trading history Fully equipped, 3 lifts and MOT bay loyal repeat c/m base A/T: circa £105,100 GP: 65% Plenty of opportunity of develop trade inc adding another MOT bay L/H: £119,950 +SAV REF: 9680CM | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49951 ADVERT IMPRESSIONS : 32,480 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £119950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Trading from industrial unit formerly railway works
• Ample parking
• Delightful riverside town offering excellent quality of life
• Complementary businesses occupying premises close by
HISTORY
• Established by the vendor 26 years ago
• Reliable repeat customer base nurtured over nearly 3 decades
• Business based upon personal service
• MOT station introduced
• Ongoing programme of investment
REASON FOR SALE
• Retirement
SERVICES
• Class 4 MOTs
• Servicing for most makes and models
• Bodywork
• Tyres
• Mechanical repairs
CUSTOMERS
• Vast majority of customers now repeat business
• Almost exclusively private individuals drawn from the immediate locality
• Loyal
SUPPLIERS
• Consumables purchased from a variety of trade wholesalers
STAFF
• Run by vendor and partner
• Full time mechanic employed until recently
TRADING HOURS
• Mon to Fri: 8am to 5pm
• Sat: 8am to 12 Noon
• Sun: closed
FINANCIALS
Turnover
2009 £105,100
2008 £95,413
• Gross profit margin consistently in the range 62% - 65%
• Labour rate charged at £45 per hour
• MOTs charged at £54.85 (average 5 per day)
OVERHEADS
Staff £12,612 pa
Gas/Electric £1,235
PREMISES AND EQUIPMENT
• A large industrial unit, with mezzanine storage, and ample parking
• Roller shuttered to front
• Fully equipped diagnostic MOT bay
• 2 post ramp x2
• 4 post ramp
• Compressors x2
• Welding equipment
• Sundry tooling
• Office with customer counter
• Mezzanine storage floor
• Kitchen area
• WCs
• Parking to front and side
STRENGTHS
• Enviable local reputation established over many years
• MOT station well established
• Customer base substantial with high repeat rate
• Delightful riverside town
• Well equipped workshop
SCOPE
• Plenty of opportunities for business development
• Focus on commercial contracts
• Website and computerisation
• Capacity within existing MOT bay
• Space for additional MOT bay
• Ideal acquisition for a family
• Introduction of specialist or additional services such as air conditioning work
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9680CM / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |