Established Mot Station & Garage | | Loughborough Leicestershire | | ESTABLISHED MOT STATION & GARAGE - LEICESTERSHIRE Business to include all equipment and fixtures & fittings Early interest and viewing is highly recommended | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68013
ADVERT IMPRESSIONS : 17,212 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £399950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | ESTABLISHED MOT STATION & GARAGE - LEICESTERSHIRE
Business to include all equipment and fixtures & fittings
Early interest and viewing is highly recommended
Industrial and residential area of Loughborough
Advised annual turnover of £271,171
Detached freehold property
Established for 34 years
Genuine retirement sale
Lots of repeat business
Class 4 MOT station
FREEHOLD
Location
This well established MOT station and garage services in a highly populated residential and industrial area just ½ a mile from the town centre of Loughborough. The business is very accessible being just off junction 23 of the M1 which connects to the M69 and M6 motorways. Leicester is just 7 miles away and Nottingham is 13 miles away. Loughborough is a thriving town which boasts four museums, the largest being the centrally located Charnwood Museum, which houses a range of exhibits reflecting the natural history, geology, industry and history of the area. Loughborough is very much an expanding town and has a major new development (The Eastern Gateway) planned for the area around the railway station with a new road and housing planned.
Business History
Meridian Business Sales are delighted to offer to the market this outstanding and highly profitable detached freehold MOT station and garage services which has been in the careful hands of our client for the past 34 years when he set the business up. The only reason this excellent opportunity is being offered to the market is due to our clients wish for a well deserved retirement. Our client has continually invested in high quality equipment, fixtures and fittings which are all bought and paid for and are included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The business generates its income by class 4 MOTs (average 200 per month) which accounts for 35% of turnover, the remaining 65% of turnover is service and repair work. They enjoy an excellent level of repeat business due to its quality of work and reputation. Our client informs us that they have an annual turnover of £271,171. The business is owner operated and employs 3 full time members of staff. We believe that there is further scope to increase turnover as it is run to suit and the vendor never advertises for business therefore early viewing is highly recommended as this cannot be missed.
Financial Profile
Turnover: £271,171pa
Stock approximately: £700
Tenure
We are advised freehold
Opening Hours
Monday: 8:30am - 5:30pm
Tuesday: 8:30am - 5:30pm
Wednesday: 8:30am - 5:30pm
Thursday: 8:30am - 5:30pm
Friday: 8:30am - 5:30pm
Saturday: Closed
Sunday: Closed
Accommodation
Well presented detached freehold MOT station, briefly comprising;
GROUND FLOOR
Door leading into front workshop with sales counter and MOT viewing area, storage racking, fully equipped MOT bay and roller shutter opening for front access
MOT office/general office
Store room with storage and racking above
Toilet and wash basin
Workshop with sink, staff area with seating, 2x 2 post ramps, 1x 4 post ramp, side roller-shutter opening, work benches and wall mounted gas blower heater
Rear workshop with 4x bays and rear roller-shutter access
EXTERNAL
Rear and side yard with secure gated car park for 12 vehicles
| | | | | | FOR SALE | | | | | REFERENCE: | 2758 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
