Mot Testing & Vehicle Repair Business, Established Since 1948 Premium Advert

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Status
FOR SALE
Advert ID
202211

Details

OVERVIEW
A well established and busy MOT and vehicle service and repair business located within 2 miles of Junction 2 on the M5.
Offered reluctantly for sale due to ill health of the owner which has meant that they are not able to engage in the day to day running of the business. This, therefore represents, an ideal opportunity for expansion with owner involvement.
The business was originally established in 1948 and moved across to new premises 2 years ago. The business currently opens 5 days a week 8.30am to 5.30pm, although Saturday opening hours is something that should be considered to maximize turnover. The current turnover is in the region of £170,000 per annum.
The business has an excellent reputation within the area and is well known locally for high quality work.
In the last few years, due to the owner’s ill health, the business has not carried out any marketing activity something that would greatly benefit the business turnover. Furthermore, an owner more involved with the business would be well placed to secure greater trade, and unlock the untapped local business account opportunities. It is anticipated that given a motivated owner the turnover could easily be increased substantially to an annual turnover in the region of £300,000.
The business already has an excellent and instructive website to promote the business and has a presence online. However, maximizing the use of search engines and social media would also offer a benefit.
The owner’s circumstances means that there is now an excellent opportunity for a new owner to take this already successful business and develop it for the future.

WORKSHOP
The well-equipped and recently refurbished property is approximately 270 sq.metres. The workshop is equipped with the below:
•3 Two-poster lifts (2x 4T and 1x 3.5T)
•1 class 4 MOT test bay (one-person operation, automatic testing lane)
•Additional space for approx. 3 additional vehicles for service work / diagnostics
•8 Parking bays
•Secure Gated Premises
•Air-Conditioning Diagnostic and Re-charge Machine
•Emissions Tester
•Brake Tester
•Headlamp Tester
•CCTV
•AmbiRad Gas Heater (2 years old)
•500l Oil Tank, pumped in
•Compressor
•Compressed Air pipework and tools
•Various other workshop equipment
The business offers a wide range of services including:
•Servicing and repairs
•Class 4 MOT’s (OPTL/ATL)
•Air-conditioning
•Diagnostics

OFFICES
In addition to the workshop there are two spacious offices; a reception office with waiting area and a separate workshop office. Both offices are fitted out to a high specification including:
•LED day-light lighting
•High quality office furniture
•Till system
•CCTV
•Phone system with 3 phones, 2 inbound lines and 1 cordless workshop phone
•Alarm system with RedCare monitoring
•3 computers
•2 printers
•File Server in separate data cupboard
•Kitchen
•MOT viewing area
•Separate disabled access WC
•Mezzanine Storage

LOCATION
The business is located within 2 miles of Junction 2 of the M5, and within a 2 minute walk from Sandwell & Dudley train station.
Listing Details
Leasehold Price: £95,500
Tenure: Leasehold
Sector: Garage Businesses, Mot Businesses, Motor Businesses
Website: http://www.enterprise-garage.com
Financials
Annual Turnover: £170,000
Annual Net Profit: Available upon request
Key Features
  • Close to Local Amenities
  • Established Business
  • Small Business
  • Retirement Sale
  • Offers Invited
  • Company for Sale
  • Accounts Available
  • With Car Park
  • Attractive Business
  • Fully Fitted
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