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Bosch Approved Mot Garage With Accommodation

Undisclosed South Yorkshire
SOUTH HUMBERSIDE BOSCH APPROVED MOT GARAGE WITH ACCOMMODATION Established freehold garage and MOT station with 3 bed accommodation Well known within South Humberside Bosch accredited Planning permission for additional garage development Customer base of o
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70118
ADVERT IMPRESSIONS : 21,237 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Mot Services
SALE: Agent Sale

FREEHOLD:

£675000
 

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BUSINESS DETAILS:

• Trading from purpose built garage with large frontage and close to motorway network
• Ample off road parking for customers, staff and visitors
• Busy area with good mix of commercial, retail and residential property
• Located on busy main road, close to a number of market towns and well known locally

HISTORY

• Established by the vendors’ family 30 years ago as an independent specialist originally with fuel sales
• Reliable repeat customer base carefully nurtured
• Business based upon service ethic
• Ongoing programme of substantial investment to ensure current legislative requirements are met
• Member of Bosch Car Service scheme for independent garages
• Excellent website introduced
• Member of the North Lincolnshire Motor Trade Partnership

REASON FOR SALE

• Vendor is seeking an alternative lifestyle after many years in the industry

SERVICES

• Class 4 MOTs
• Servicing for most makes and models of car
• Alarms and immobilisers
• Tyre fitting
• Alloy wheels
• Mechanical repairs
• Air conditioning service and repairs
• Courtesy cars provided

CUSTOMERS

• Vast majority of customers now repeat business
• Approximately 2,000 customers on the books
• Personal customer base drawn from the immediate locality
• Number of commercial clients and businesses now on the books
• Loyal with low to middle income demographic

SUPPLIERS

• Consumables purchased from a variety of trade wholesalers
• Parts from Bosch acquired at a considerable discount

STAFF

• Vendor runs and manages the business on a day to day basis
• 5 Technicians/Mechanics
• 2 qualified MOT testers

TRADING HOURS

• Monday to Friday 8am to 6pm
• Saturday 8am to 1pm
• Sunday closed

FINANCIALS

Turnover
2010 £349,321
2009 £386,319

• Gross profit margin has averaged 52% over last 2 audited years
• Labour rate charged at £45 per hour
• MOTs number approximately 100 to 120 per month
• Stock holding approximately £2,000 to £3,000
• Adjusted net profit £52,000 per annum

OVERHEADS

Staff £77,480 pa
Rates Nil
Heat and light £2,774 pa
Advertising £13,141 pa

TENURE

• Freehold
• Rates: Nil

PREMISES AND EQUIPMENT

• A large garage and MOT facility occupying approximately with 3 bedroom residential accommodation comprising briefly:
o Ample forecourt parking
o Separate male and female WCs
o Reception area with customer seating
o Main workshop
o Class 4 MOT bay
o CCTV
o Alarmed
o Yard to rear
• Equipment comprises briefly:
o 2 x 2 post ramps
o 1 x MOT bay
o Diagnostic equipment
o Tyre changer
o Tyre balancer
o Sundry tooling
o 3 courtesy cars
• Bungalow in need of some refurbishment with
o Kitchen
o Family bathroom
o Lounge
o 3 large bedrooms
o Extensive garden

STRENGTHS

• Enviable local reputation established over many years
• MOT station now a well know local landmark
• Consistent financial performance
• Customer base substantial with high repeat rate
• Excellent location close to a number of market towns and villages
• Fully equipped modern workshop
• Website
• Substantial quantity of equipment and vehicles included within consideration price

SCOPE

• Focus on additional commercial contracts
• Utilisation of capacity within MOT bays
• Introduction of Class 7 MOTs
• Car sales
• Increase in labour rates
• Ideal acquisition for a family
• Introduction of specialist or additional services
• Planning permissions held for garage extension
• Bungalow offers potential for delightful family accommodation with wonderful countryside views







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:

1233DN / RightBiz
   
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