MOT Garage Service Centre in King's Lynn - Established 1990, Central Location, Diverse Clients
Kings Lynn, Norfolk
- Status
FOR SALE
- Date Submitted:
21/03/22
- Advert ID
292452
- Reference
3053TPBW / Rightbiz
- Call Agent:
- Freehold: £350,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
MOT Garage Service Centre King's Lynn
Established in 1990, located in the centre of Kings Lynn, a 2 minute walk from the main town centre. Great mixture of customer base, company fleet work undertaken and local garages are regular clients.Provides a variety of professional services in Car Servicing and Repairs, Class 4 MOT and MOT Repairs in addition to other areas of car aspects such as Car Batteries, Exhaust, Breaks and Engine Diagnostics
The well-presented premise consists of a well sized service garage area with 1 MOT bay, fully equipped.
The garage is fully equipped with all of the machinery and tools needed to run the business to its full potential.
List of assets available.
The premises are fully secured with CCTV cameras covering the whole garage area, from inside, outside and by the front door
The owner is wanting to retire, but will provide a very supportive handover, if required.
Established in 1990
Great location in a very busy trading estate, centre of Kings Lynn, a 2 minute walk from the town centre
Extremely well maintained property, with a reception, kitchen area, toilets and a large storeroom with machine shop area
MOT testing station (ATL) - all equipment up to date
Unit fully secure with robust CCTV and alarm system
Will suit an owner operator
Potential to grow this business
Asking Price £350,000
Goodwill - £150,000
Freehold - £200,000
Apprentice in second year of training with the possibility of remaining with the business.
Retirement sale. Will provide a very supportive handover.
Contact Agent
Listing Statistics
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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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