MOT GARAGE CLASSES 4, 5 & 7, SERVICING, REPAIRS. PLUS CAR SALES BUSINESS GOSPORT HAMPSHIRE

Gosport, Hampshire

Status

FOR SALE

Date Submitted:

30/06/21

Advert ID

278981
Leasehold: £150,000
Annual Rent: £60,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Hampshire, Circa £500,000 plus turnover per annum - This is currently workshop only. Well established MOT, servicing, repairs and car sales business, Operating since 1996, Sells between 15 and 20 cars a month Pre Covid Pandemic. Loyal and repeat customers—benefits from an excellent reputation. Ideal used car refurb or new car preparation centre. Offered for sale to facilitate retirement plans. Operates from leasehold premises.

Business Overview Quay Motors Limited is a highly reputable garage and MOT centre established in 1996 offering Class 4,5, and seven MOTs, servicing, repairs and diagnostics.

The business offers services covering; • Brakes / shock absorbers • Air conditioning • Car batteries • Collection and delivery • Exhausts • Gearbox repairs • Safety checks • Servicing • Tyres • Welding • Clutch replacement • Diesel particulate regeneration • Engine diagnostics and management • Fleet maintenance • MOT’s for Cars, Motorhomes and light Vans • Wheel alignment and wheel balancing. Quay Motors Limited has an excellent reputation and has built up a large number of regular and repeat customers within the local area. The business benefits from a high number of word-of-mouth referrals and recommendations due to its high-quality and reliable service. The business has increased its turnover considerably in the last few years with the introduction of a car sales forecourt, informative website and finance services. The business was averaging 15-20 car sales per month pre-Covid lockdowns. Quay Motors holds a large database of motorhome and campervan clients. Car and light commercial vehicle sales are located next to the garage workshops and MOT station, which should bring additional traffic to the business and subsequently increase turnover and net profits. Located in Gosport, Hampshire, Quay Motors Limited occupies a prominent trading location on Quay Lane Industrial Estate. It is ideally located in a densely populated residential area. Gosport is between Southampton and Portsmouth and has close links via the M27 motorway, which is approximately three miles away. Trading Hours Monday to Friday,08.00-18.00. Car sales opening hours extended for Saturday / Sunday trading with detached sales office on site. Quay Motors Limited has the added benefits of secure compound parking, a Fully maintained alarm system, extensive CCTV coverage, floodlighting and operates from two industrial units which are adjacent to each other. Entrance is made into the reception area at the front of the building with a large counter and seating area to the side. To the right, there are two offices, and towards the back of the reception area, there are toilets and access to both units. UNIT1 comprises of the following FIVE ramps; • one x Class four MOT ramp • three x three tonne two post ramps • one x 3.5 tonne two post ramp • one x mezzanine area used for storage. UNIT two comprises of the following two ramps; • one x Class 4, five and seven MOT ramp (cars, minibuses up to 17 seats and light commercials up to 3.5 tonnes) • one x four tonne four post platform ramp. Each workshop consists of 250 sq. meters. Externally there is parking for six vehicles to the front of the units and a large parking area to the left, which is currently used for campers and motorhome storage also customer parking for a further 15 vehicles. There is a further secure compound parking area to the left-hand side of the units with extra palisade fencing, which is used for car and light commercial vehicle sales. Financial Profile Circa £1 Million plus turnover per annum pre-Covid lockdowns. We are selling the business to facilitate retirement plans and are happy to provide a handover. Staff - The business is presently operated under the owner's management with the assistance of three Technicians.

Key Features
  • Offers Invited
  • Company for Sale
  • Retirement Sale
  • Incentives May Be Available
  • Fully Fitted
  • New Lease
  • With Car Park
  • Potential for Alternative Use
  • Attractive Business
  • Established Business
  • Accounts Available
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