Top-Rated MOT, Servicing & Repairs Business in Eyemouth Scottish Borders for Sale
Eyemouth, Scottish Borders
- Status
FOR SALE
- Date Submitted:
12/12/18
- Advert ID
235394
- Reference
B04875 / Rightbiz
- Call Agent:
- Freehold: £399,995
- Turnover: £300,000 (£5,769 Per week)
- Net Profit: £40,000 (14% Profit margin)
Business Details
MOT, Servicing & Repairs Business With Excellent Reviews
BusinessPlease quote reference B04875
CoGoGo are delighted to bring to the market Hogarth Motors, a very well-established MOT, servicing and repairs business located in Eyemouth.
Hogarth Motors was established in 1981, the garage is now being offered for sale due to the owners wish of retirement.
The business has built a large and loyal client base over that time and has lots of repeat custom.
Hogarth Motors currently benefits from recommendations and referrals. The current owners have a good Facebook page and website.
Please take a look at the current 5-star rating with review quotes such as;
‘A big thank you to Hogarth Motors of Eyemouth who went above and beyond’
‘Saturday night 02:10 I call Wattie to help with the accident just happened outside my house. 02:45 Wattie was on seen and after that 10 minutes and job was done’.
We feel Hogarth Motors would ideally suit an enthusiastic owner or partnership who could build upon the foundations laid down and push the business forward.
Viewings come highly recommended to appreciate the size, location and potential of the business.
Location
Hogarth Motors Situated in Prime location just off from the A1107 within Eyemouth,
Eyemouth is a small town and civil parish in Berwickshire, in the Scottish Borders area of Scotland. It is 2 miles east of the main north-south A1 road and just 8 miles north of Berwick-upon-Tweed, with a population of about 3,420 people.
Premises
Large commercial premise comprising of:
• Garage workshop
• Office
• Reception area
• Separate large unit
• Car park
• Separate storage units
Entrance and customer waiting area with seating and counter.
Well-equipped workshop with:
• Mot station
• Tool boxes
• Diagnostic machines
• 3 x Post vehicle lift
• 2 x Post vehicle lift
• Jacks
• Heating system, and much more
Tenure
We are advised the business is being sold as a Freehold.
Hours
Monday 8.00 am – 5.30 pm
Tuesday 8.00 am – 5.30 pm
Wednesday 8.00 am – 5.30 pm
Thursday 8.00 am – 1.00 pm
Friday 8.00 am – 5.30 pm
Saturday 8.00 am – 1.00 pm
Sunday Closed
Staff
The business is currently run by our client with the help of two full time and two part time members of staff.
Financial Profile
Hogarth Motors generated an advised turnover of circa £300,000 as of last year, with a net profit of £40,000
Please quote reference B04875
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
