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THIS BUSINESS IS NOW UNDER OFFER

MOT Business With Enviable Reputation

Leicester, Leicestershire
Status
UNDER OFFER
Advert ID
256427
Reference
B05840 / Rightbiz
Leasehold Price: £50,000
Annual Turnover: £110,000
Business
Please Quote Reference B05840

Hilton Smythe welcomes to the market Armson Automotive Engineers in Syston Leicester. The business has been operated by the current vendor for over 10 years in which time it has built up an enviable reputation for quality and customer service and due to the family relocating this very rare and exciting opportunity has now become available.

The business has built up a large local customer database with customers always returning to have their vehicle MOT tested and then for any remedial works to be carried out. Armson Automotive Engineers is the only testing station in the area and due to its location and accessibility it has ensured repeat business year after year creating a regular and reliable income stream for the owner.

This therefore represents an excellent opportunity for a new owner to acquire a long-established business with a regular income stream and huge growth potential by increasing the amount of tests undertaken and would therefore be ideal for either an established operator looking for an additional site or an individual or partnership already working in a similar trade looking for their first business venture with a long trading history and further growth potential. The current vendor has just had the class 4 (OPL) One Man Testing station fully serviced at a cost of over £7,000 therefore ensuring that this is a turnkey business opportunity.

The vendor who is an authorised AE examiner is also prepared to train the new owner to be fully certified for MOT testing to ensure a smooth transition of ownership and continuity of income. This therefore represents an excellent business opportunity being offered to the market with very affordable in-going and running costs.



Location
Situated within the Half croft Industrial Estate in Syston Leicester, the site is easily accessible by all modes of transport with excellent access to local road network links and just a short drive from the A46 outer ring road.



Premises
Secure Industrial unit located in the Half croft Industrial Estate in Syston, vendor and customer parking to the front, roller shutter doors, Separate office and reception 2 x WC’s, kitchenette, steam cleaner, fully serviced compressor  and compressed air tank, oil recovery units and storage, 2 x post ramp (just serviced) (OPL) MOT testing station with extra weight capacity including all computerised ancillary equipment (£7,000 just spent on service)  Cloud stored customer database, CCTV system, additional equipment could also be made available by separate negotiation.



Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £14,500 per annum with new lease terms to be agreed.



Hours
The opening hours are currently 8.00am to 5.00pm Monday to Friday & 9.00am to 1.00pm Saturday.



Staff
The business is run and managed by the current vendors.



Financial Profile
We are advised the business is turning over in the region of £110,000 per annum trading at a capacity to suit the current vendors.

Business rates are currently £1,020 per annum. For further information reference B05840.



Listing Details
Location: Leicester, Leicestershire
Sector: Mot Businesses, Car Sales Businesses
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Advert Reference: B05840 / Rightbiz

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