Profitable Mot Station Servicing & Accidents Repairs Garage | | Chesterfield Derbyshire | | CHESTERSFIELD PROFITABLE MOT STATION SERVICING & ACCIDENTS REPAIRS GARAGE Located in 3,500 sq ft premises with low o/h Genuine Retirement sale A/T: £218,193 GP: £134,127 NP £93,499 2010 NP £90,670 NP before tax , Depr & finance not added to the NP figures Huge scope to increase sales & profits L/H: £250,000 +SAV REF: 1154S | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67304
ADVERT IMPRESSIONS : 19,791 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Mot Services | | SALE: | Agent Sale | LEASEHOLD: | £250000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Our client is located within an industrial unit, which has secure gated car parking facilities for up to twelve vehicles.
• The business is surrounded by a large and highly populated industrial estate.
HISTORY
• The business was originally established in 1981 by the current vendors. During that time they have achieved a loyal customer base.
• The vendor is willing to conduct a detailed handover period.
REASON FOR SALE
• This is a genuine retirement sale.
CUSTOMERS
• Revenues are derived from the following areas:
o MOT’s for a national client with a depot on the same industrial estate, for whom our client has been working for the last two decades. They account for an average of £4,000 to £5,000 per month in revenue
o The public visiting our client also account for further MOT revenue as do trade MOTs, general servicing and paint/body work
o Our client has a written contract with another national courier company for all their body work, who are also located on the same industrial estate.
FINANCIALS
2011 2010
Sales £218,193 £209,359
Gross £134,127 £133,779
Net Profit £93,499 £90,670
• Finance costs and depreciation have not been added to the net figure.
STAFF
• The business employs five members of staff at present, including the vendors.
PREMISES/EQUIPMENT
• The owners have informed us that the unit is circa 3,500 sq ft and that an EPC has been commissioned, which will be available at the appropriate time.
• Two MOT stations,
• Two ramps,
• Two spray booths
• and an office
SCOPE
• The business has several areas that can be developed including:
• As the business is located on a large industrial estate, which has many cars, a leaflet drop would
• increase MOTs, servicing and body work due to the convenience factor.
• A collection and delivery service is offered but not actively advertised.
• An advertising campaign would prove fruitful.
• Our client has recently advertised on the local NHS website which is starting to generate work.
• Opening Sunday mornings could also lead to an increase in sales.
OPENING HOURS
• Monday to Friday: 8am to 5:45pm
• Saturday: 8am to 1pm
TENURE
• Leasehold
• Term remaining: 2 years
• The vendor has informed us that the landlord (which is the council) is willing to grant a new five year lease subject to status of a new owner
• Rent: £15,504 per annum
• Rates: £5,290 per annum
Also payable by the tenant are the following costs:
• Buildings insurance £500 per annum
• Refuse £250 per annum
• Maintenance £450 per annum
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). | | | | | | FOR SALE | | | | | REFERENCE: | 1154S / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
