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Middlesbrough Vehicle Sales and Hire Business with MOT Service Centre for Sale

Middlesbrough, North Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    23/04/21

  • Advert ID

    275574

  • Reference

    586568 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £1,350,000
  • Turnover: £1,083,201 (£20,831 Per week)
  • Net Profit: Not Applicable

Business Details

Vehicle Sales and Hire For Sale in Middlesbrough

CAR RENTAL COMPANY, MOT AND SERVICING CENTRE in North Yorkshire for Sale.

An opportunity to acquire this very lucrative car rental business, triple MOT centre (licensed for class 4, 5 and 7), tyre fitting centre, huge car servicing centre with seven hydraulic lifts. Annual Turnover £1,083,201. The business shows outstanding net profits and is situated in a prime position - the area is awash with car dealerships. The business is run with a competent team of qualified staff and worked in very easy hours over five and a half day week. Our clients fleet of cars are rented out to the taxi market which is very solid. HIGHLY PROFITABLE CONCERN - the garage workshop, MOT and tyre centre along with the fleet car rental business returns profits in excess of £250,000. An outstanding concern which is sensibly priced to sell to include the 108 strong fleet of cars - HIGHLY RECOMMENDED. The premises are held on a secure lease, sensible rent and comprise modern reception lounge, private office, the main garage workshop which is huge and having the benefit of seven hydraulic ramps, spacious work stations, mezzanine floor which is a fully fitted storage area. Self-contained tyre centre, sales and workshop with two ramps. Two further workshops rented out at £3,000 per annum each. There is also a hand car wash centre which our client rents out at £13,200 per annum. The total rental income for the units that are rented out is £19,200 per annum which almost covers half of our clients entire rent. EPC Band E.
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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.

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