Well Established Garage & Mot Centre With A Renowned Reputation

Swindon, Wiltshire

Status

FOR SALE

Date Submitted:

09/10/19

Advert ID

250543

Reference

B05603 / Rightbiz
Freehold: £525,000
Annual Turnover: £282,726
Business
Please quote reference B05603

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Auto Engine Tune which is a well-established Garage and Mot Centre with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

There has been a garage at this site for over 50 years and the current owners have run it successfully and lucratively as Auto Engine Tune for the last 14 years or so. The business has been a real labour of love for them and has accrued an impressive number of regular customers and a fantastic reputation.

The business is now being sold albeit reluctantly and with heavy hearts only due to a wish to take a well-earned retirement, the vendors are keen to see their beloved garage pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

Auto Engine Tune is a family run garage that prides itself on a personal and friendly service. The business is a member of the “Retail Motor Industry Federation “and complies fully with the federations quality control code of practice for the motor trade.

The business carries out repairs and servicing on all marques including:

  • Mots.
  • Brake overhauls.
  • Clutch replacement.
  • Cylinder head gaskets.
  • Cam belt replacement.
  • Suspension and steering repairs.
  • Air conditioning.
  • ECU remapping.
The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.

Reasons to Buy:

  • A well-established business with an enviable reputation and many existing customers.
  • The sale includes the substantial freehold.
  • Current owner happy to offer a handover to ensure the continued success.
  • All fixtures and fittings included making this a real “Turnkey “business opportunity.
  • Ideal owner managed or partnership business.
Hilton Smythe highly advise early viewing to avoid disappointment.



Location
Auto Engine Tune is in Swindon.

Swindon is a large town in the ceremonial county of Wiltshire between Bristol, 35 miles to the west and Reading the same distance to the east. The town is 71 miles west of London.

Swindon has two junctions (15&16) on the M4 motorway. Swindon bus operators are Thames down and Stagecoach.

Auto Engine Tune is ideally located in a standalone position in an area of densely populated residential housing and thus benefits from good levels of footfall and passing trade along with regular custom. The business is nicely presented and maintained with clear visible signage.



Premises
Auto Engine Tune occupies generous, detached premises and briefly comprises:

  • Reception with door to front, bespoke counter, customer waiting area.
  • Managers Office with space for desk and filing cabinets etc.
  • Inner Hallway with window and door to workshop, space for fridge and kettle.
  • Generous workshop with roller door to front, fluorescent lighting, Mot bay, 2 two poster ramps, scissor lift ramp, tyre racking, workbenches, diagnostic equipment, storeroom to rear.
  • Externally there is a generous yard to the front of the business that is mainly laid to concrete and provides parking for several vehicles.
The premises are circa 190sqm.



Tenure
We are advised that Auto Engine Tune is being sold as a freehold business opportunity.

We are further advised that the business benefits from being exempt from business rates.



Hours
Monday to Thursday 08:00 – 17:00

Friday 08:00 – 16:30

Saturday 08:00 – 12:00

Sunday Closed.



Staff
The business is run and managed by our clients, a husband and wife team with the help of 3 full time members of staff.



Financial Profile
Auto Engine Tune has averaged a turnover of circa £283,000 per annum as of the 2016/2017 accounts with a gross profit of approximately 37% (£104,248).

Please quote reference B05603



Contact Agent
Advert Reference:
B05603 / Rightbiz
Listing Statistics
Impressions
i
The impression statistic is how many people have seen this advert on the search page.
:
Views
i
The view statistic is how many people have viewed this advert.
:
Enquiries
i
The total enquiries statistic displays how many people in total have made an enquiry to the advert.
:
Interested
i
The percentage rate displays the percentage of people that are interested in this business for sale.
:
Watching
i
This figure shows a number of people that have shown interest in this business for sale.
:
Last Viewed
i
The last viewed statistic displays when the last user has viewed this advert.
:
Last Updated
i
The last updated statistic displays when the last time the seller has updated its details.
:
Last Enquiry Received:
Contact the seller for more details, or book a viewing
Disclaimer
The data showed regarding this advert 'Well Established Garage & Mot Centre With A Renowned Reputation - B05603 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller