Featured Brokers
CONFIDENTIAL SALE
FOR SALE
24/03/23
510573
2494 / Rightbiz
Summary
o Proof of fund required
o Huge Potential
o Prime Location
o Heavy Footfall Area
o Residential Area
o All Fixtures & Fittings included
o Excellent Client Base
o Highly Rated
o Established Business
Business Description
Silk Letting Ltd would like to proudly present to the market a high potential MOT Centre in Southall. This is an amazing opportunity to take over a high profit business with an every increasing client base. Services the business provide are
MOT’s and Services
All mechanical based jobs
Any mechanic could carry on making this a massive success by proving these services and maybe potential for any other services a new owner would like to introduce into the business.
Being the only main MOT centre in the area the customers return and are very loyal as the services the current owner provide are extremely highly reviewed.
The business uses Euro Car Parts for all deliveries giving very reliable services meaning customers are not left waiting as staff get on with work asap.
Owner operates the business with a DVSA license.
Unmissable opportunity for any new owner with a business that just keeps growing and earning more revenue each day. This would be a huge chance for any owner to carry on making a good profit easily by being your own boss with a fully experienced team!
Do not miss your chance to take your next step!
Location and Amenities
The business is situated within a heavy residential area that also benefits from a lot of commercial buildings, not far from Heathrow Airport, giving a good mix of footfall. The business is located off a residential street with its own entrance within an industrial unit, giving a great space without customers worrying about parking. The premises has 10 parking spaces outside business and benefits from street parking just outside the unit entrance.
With many schools surrounding the business and big brand supermarkets there is a lot of potential customers that may need the services you can provide.
Growth Potential
The business has great potential to expand its clientele by using advertisements such as social media platforms like Facebook and Instagram. These platforms could be used to advertise the services such as MOT’s and services including any deals the new owner may want to create special deals at certain times of the year or to make people aware where you are based and spread the word further afield.
The owner currently advertises their services through Facebook marketplace and Gumtree so you could add to these platforms and also use local newspapers for added traffic that may not use technology.
Financial Profile
Turnover is available on request.
4 Years remaining on the lease which is renewable.
Property
The premises of the business operates across one floor. Within this business space you will get a workshop floor for all mechanical services, a small office, 1 toilet for staff and a small kitchen area to the back with basic kitchen equipment for staff breaks.
The business comes with 10 dedicated parking spaces outside the premises giving space for customers cars and staff if required.
The trading hours of the business are:
Monday – Friday 08:30am – 06:00pm
Saturday 08:30am – 04:00pm
Sunday Closed
Security Features
The businesses has good security with 6 CCTV cameras protecting the premises and staff within and outside trading hours also metal shutters protecting the entrance of the business. The current owner does not have an alarm system, but this is an opportunity for the new owner to install a trusted system of their choosing in they wish to do so.
Fixtures and Fittings
This MOT centre comes with all the equipment to keep your new business running, with brand new and high quality equipment that is still under warranty, including:
2 Mechanical Ramps
An array of Mechanical Tools
Diagnostic Machines
2 Computers
And many more tools any mechanic would need…
With all the equipment being new this saves a new owner money in the future knowing the equipment will last for many years.
Staff
The business currently has 5 members of staff which 4 are willing to stay after the sale of the business. This is a huge advantage for a new owner as you already have a fully well-established team to help you carry on making a profit and continue with any booked in services.
Reason for the business sale
The reason for this business going up for sale is due to the owner having other commitments.
We do not anticipate for this opportunity to be on the market long so act fast and get your viewing booked in asap.
Viewing strictly by appointment only!
If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 519 1205.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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