FOR SALE
03/05/23
512596
ID2973 / Rightbiz
Sovereign is delighted to bring to the market this MOT Testing Centre with Motor Repairs located in Chester.
This excellent business has been established over 40 years and specialises in Class 4 MOTs but also undertakes a wide range of general motor repairs. It is based in Chester in a prime high-visibility location within an industrial estate surrounded by other complementary businesses.
This profitable business is owner operated and has only now come on the market due to the owner’s wish to retire. This long-established business has over the years built up a loyal and enviable client base with regular and repeat custom.
The business currently trades Monday to Friday from 8.30 to 17.30 but there is vast scope to increase the turnover further by extending the opening hours and embarking on a localised marketing campaign. There is also scope to increase their online presence through utilising social media.
Our client owns the property that the business trades from and is open to either a leasehold or freehold sale. The leasehold is available for a competitive price of £120,000 SAV and we have been advised there is a new long-term lease available to approved candidates. The freehold and the business is available for an equally competitive £270,000 SAV.
Located on site is a hand car wash and valet service which is rented out to an independent operator which currently generates additional income of £800 per calendar month.
Overall this is an excellent business with a long-established trading history and an enviable client base in a prime high-visibility trading location. Therefore viewing is highly recommended to appreciate the quality of this genuine retirement sale.
• ID:2973
• Prime High Visibility Location
• Leasehold & Freehold Available
• Vast Scope To Increase Turnover
• Regular & Repeat Trade
• Genuine Retirement Sale
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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