Gateshead Garage of the Year 2022 MOT & Service Centre for Sale in Tyne and Wear
Undisclosed, County Durham
- Status
FOR SALE
- Date Submitted:
18/05/23
- Advert ID
513457
- Reference
50243 / Rightbiz
- Call Agent:
- Freehold: £400,000
- Turnover: £546,731 (£10,514 Per week)
- Net Profit: £73,163 (14% Profit margin)
Business Details
GARAGE, MOT AND SERVICE CENTRE GATESHEAD
RAC APPROVED GARAGE OF THE YEAR 2022Successful and well-established garage, MOT and service centre with an impressive track record of income and profitability
Excellent customer base and strong levels of repeat business with considerable potential for growth
Well equipped premises with 6 ramps plus an MOT station
Over 1400 car MOTs
2023 Turnover £546,731 with a very healthy gross profit of £207,885 for same period.
Leasehold opportunity and Semi-Retirement sale viewing highly recommended
This is an outstanding opportunity to purchase a successful, popular, and well-established garage, MOT and service centre with significant potential to further enhance income and profitability. Potential to include a car showroom area. Ref: 50243 Ref: 50243
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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.
Be safe, use a Rightbiz Solicitor
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