Top MOT Garage Equipment in Taunton Somerset | Profitable & Reputable Business for Sale
Taunton, Somerset
- Status
SOLD / WITHDRAWN
- Date Submitted:
03/04/23
- Advert ID
511128
- Reference
INT2551 / Rightbiz
- Call Agent:
- Asking Price: £300,000
- Turnover: £700,000 (£13,462 Per week)
- Net Profit: £72,863 (11% Profit margin)
Business Details
Highly Reputable & Profitable Distributor of MOT Garage Equipment for Sale
This is a great opportunity to acquire one of the UK’s major independent distributors of garage equipment and MOT test equipment.
The business specialises in vehicle inspection pits, MOT test equipment packages, brake testers and prefabricated MOT buildings. They have built close relationships with various MOT garages in the surrounding areas and beyond, with an impressive client base.
With impressive turnover margins increasing by 300%, this company is a highly profitable venture, alongside a large number of returning customers and a stellar reputation - their clientele spreads across the UK, and comprises a number of website leads (from SEO/PPC/marketing campaigns), word-of-mouth recommendations and loyal, returning clients.
The accounts of this business do not reflect actual sales as most of the work is in progress – it is estimated actual work ‘in-hand’ this financial year to increase by 25% over last year’s actual sales.
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Listing Statistics
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
Advert pending deletion
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.
Be safe, use a Rightbiz Solicitor
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