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Village Garage and MOT Centre

Caldicot, Monmouthshire
Asking Price:
£64,995
Status
FOR SALE
Advert ID
188964
Reference
13490 H / Rightbiz
Business
Hilton Smythe welcomes to the market this asset and goodwill sale.

For over 60 years, his family run business trading as Magor Motors, offered a  variety of vehicle repairs and  services including class 4 MOT’s.  Over the many years of successful trading the business has acquired a long standing client base.

Most custom is from the locals that live in the area, with very little advertising required and thrived on word of mouth recommendations.

A new site could be located within the same area or an offering of mobile servicing where possible.  There are already many customers in the area that know the name Magor Motors.

Magor Motors would be a perfect first-time purchase for a partnership looking to run a long-established business.

 This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Magor Motors islocated in Magor, Caldicot, Monmouthshire, but due to personal circumstances the garage has had to shut, and the leasehold surrendered.

 

This is a business only sale which will consist of assets and goodwill.

Premises
Equipment included in the sale: -

  • Desk
  • Computer
  • Welding equipment –
  • Meg & burning bottles
 

Diagnostics –

  • Snap on
  • Wheel balancer
  • Tire change equipment
  • 2x two poster ramp
  • Four poster ramp
  • Hand tools


Tenure
Asset and Goodwill sale.



Hours
The business operating hours would be to suit the owner.

 



Staff
N/A



Financial Profile
Whilst trading Magor Motors generated an advised turnover of circa £285,000 as of the 2016 accounts, with a gross profit of 27%.

Listing Details
Asking Price: £64,995
Tenure: Leasehold
Tenure: Other
Location: Caldicot, Monmouthshire
Sector: Garage Businesses, Mot Businesses
Financials
Annual Turnover: £285,000
Contact Agent
Telephone: Upgrade to view
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Advert Reference: 13490 H / Rightbiz
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