Successful Mot Station With Bmw Mini Vehicle Sales | | Undisclosed Middlesex | | MIDDLESEX SUCCESSFUL MOT STATION WITH MINI VEHICLE SALES High visible location on main road Showroom facility with sales forecourt to front MOT's and mechanical repairs A/T: Circa £2.4M GP: £351,800 Excellent potential to develop sales L/H: £149,950 +SAV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61366
ADVERT IMPRESSIONS : 14,703 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £149,950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Highly visible trading position within densely populated conurbation
• Sales forecourt fronting busy main road
• Off street parking on site; street parking nearby
HISTORY
• Business founded be vendor some 25 years ago
• Relocated to current trading position in 2007
• Excellent reputation in car sales nurtured over many years now specialising in BMW Minis
• MOT bay on site for many years
REASON FOR SALE
• Emigration
• Change of lifestyle
PRODUCTS
• BMW Mini sales
• Motoring accessories
SERVICES
• Class 4 MOTs
• Mechanical repairs
• MOT preparation work
• Vehicle collections and deliveries undertaken
• Sourcing of used vehicles to customer requirements
• Vehicle finance provided (consumer credit license held)
• Warranties
• HPI checks
• Bodywork repairs undertaken (sub-contracted)
CUSTOMERS
• Typically middle income
• Mini vehicles particularly popular with customers under the age of 30
• High repeat rates
SUPPLIERS
• Vehicles supplied from a variety of trade sources including auctions
• Excellent links with the trade locally
• Consumables from a range of wholesalers
STAFF
• Vendor
• 6 technicians
• 1 administrator
TRADING HOURS
• Mon to Fri: 7.30am to 7pm
• Sat: 8am to 2pm
(5pm for vehicle sales)
• Sun: By appointment for sales only
FINANCIALS
Total annual turnover: £2,433,130
Gross Profit: £351,834
Vehicle Sales
• Turnover £1,929,823
• Gross profit £107,859 (5.5%)
• Net profit £99,236
• Figures to August 2010
Garage Including MOT
• Turnover £503,307
• Gross profit £243,975 (48%)
• Figures to August 2010
• Labour rate £70 per hour
• Consumable stock £15,000 to £20,000
OVERHEADS
Staff £83,612 pa
Gas/ Electric £5,737 pa
PREMISES
• A large garage site, with showroom, MOT bay, sales forecourt, parking, office space and storage
• Pleasant customer showroom with tiled floor accommodating 2 or 3 vehicles
• Reception counter
• Sales desks
• Customer WC (with disabled access)
• First floor storage area, with WC, kitchen and office
• Front forecourt for 6 vehicles
• Side parking area for further 10 vehicles including 2 currently utilised for vehicle sales
• MOT bay with 2 further service bays
• 2 x 2 post lifts
• 1 4 post lift
• Sundry tooling appropriate to trade
• Parking area to rear of site
STRENGTHS
• Excellent reputation forged with local population
• Trade links
• Very busy site located within the heart of a densely populated, affluent urban area
• Excellent website
• Mature business with consistently high sales pattern and superb profit levels
• MINI Specialist
SCOPE
• Capacity within workshop for additional MOT work
• Development of vehicle sourcing side of the operation
• Development of website to include MOT and garage work
• Scope to increase labour rate
• Business development activity
• Utilisation or sub lease of first floor offices
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: | 9731UB / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
