Garage & Mot Station Specialising In Bmw/mini & Mg/rover | | Undisclosed West Sussex | | WEST SUSSEX GARAGE AND MOT STATION SPECIALISING IN BMW/MINI & MG/ROVER Modern double garage class 4,5 & 7 MOT u/taken services & mechanical repairs Rover authorised repair centre A/T: £432,000 GP: 39% Ideal family business or bolt on for existing similar business L/H: £270,000 +SAV REF: 1067BN | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64109
ADVERT IMPRESSIONS : 19,817 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £270,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Trading from modern, purpose built, garage premises in a large coastal conurbation
Ample off road parking for customers, staff and visitors
Densely populated and with good mix of commercial, retail and residential property
Based on small industrial estate and close to a range of complementary businesses
HISTORY
Established by the vendors 15 years ago as an independent specialist
Reliable repeat customer base carefully nurtured
Business based upon service ethic
Expansion into new premises in 2003 with double unit allowing class 5 and class 7 MOT work
Ongoing programme of substantial investment to ensure current legislative requirements are met
Buy with Confidence scheme member (West Sussex County Council)
Retail Motor Industry Federation (RMIF) member
Good Garage and checkatrade.com scheme members
REASON FOR SALE
Vendor is seeking an alternative lifestyle after many years in the industry
SERVICES
Class 4, 5 and 7 MOTs
Servicing for most makes and models of car with specialist knowledge of BMW MINI and MG Rover (Rover authorised repair centre)
Servicing and repair work on commercial vehicles up to 3.5 tonnes
Servicing and repairs for motor homes
Tyre fitting
Mechanical repairs
Air conditioning service and repairs
Window tinting
Bluetooth kits fitted
Courtesy cars provided
CUSTOMERS
Vast majority of customers now repeat business
Personal customer base drawn from the immediate locality
Sizeable number of commercial clients and business now on the books
Loyal
SUPPLIERS
Consumables purchased from a variety of trade wholesalers
STAFF
Vendor runs the business on a day to bay basis with part time administrative assistance from his wife
1 Reception Manager
4 Mechanics
6 qualified MOT testers (self employed)
TRADING HOURS
Monday to Friday 8am to 5.30pm
Saturday 8am to 12 Noon
Sunday closed
FINANCIALS
Turnover
2009 £432,375
2008 £413,832
2007 £434,891
Turnover 12 months to June 2011 £393,908 (draft)
Gross profit margin has averaged 39% over last 2 audited years
Labour rate charged at £65 per hour
MoTs charged at £54.85 (average 10 per day)
Stock holding approximately £20,000 to £25,000
OVERHEADS
Heat and light £3,533 pa
PREMISES AND EQUIPMENT
A large modern garage and MOT facility, comprising briefly:
o Parking to front for 12 vehicles allocated
o Separate male and female WCs
o Reception area
o Main workshop with class 4 MOT bay
o Staff rest room
o Mezzanine floor with office and storage
o Adjacent commercial workshop with class 5 and 7 MOT bay and tyre bay
o CCTV
o Alarmed with security patrol
Equipment comprises briefly:
o 3 x 2 post ramps
o 1 x 4 tonne 2 post ramp
o Specialist MINI and Rover diagnostic equipment
o Tyre changer
o Tyre balancer
o 2 air conditioning machines
o Sundry tooling
o 3 sign-written vans
o 6 courtesy cars
STRENGTHS
Enviable local reputation established over many years within the MINI and Rover market particularly
MOT station now a well know local landmark
Class 4, 5 and class 7
Consistent financial performance
Customer base substantial with high repeat rate
Delightful coastal town
Fully equipped modern workshop
Website
Substantial quantity of equipment and vehicles included within consideration price
SCOPE
Considerable scope for business development with advertising and marketing limited at present
Focus on additional commercial contracts
Utilisation of capacity within MOT bays
Increase in labour rates
Ideal acquisition for a family
Introduction of specialist or additional services
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: | 1067BN / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
