20-Year-Running Derbyshire Class 4 MOT Testing and Vehicle Repair Centre for Sale
Derby, Derbyshire
- Status
FOR SALE
- Date Submitted:
30/06/23
- Advert ID
515935
- Reference
ID2989 / Rightbiz
- Call Agent:
- Leasehold: £239,950 (Stock at valuation)
- Rent: £24,700
- Turnover: £814,109 (£15,656 Per week)
- Net Profit: On request
Key Features
- Large Business for Sale
- Established Business
- Offers Invited
- Accounts Available
- Fully Fitted
- Town Centre location
- Prime Location
- High Turnover
Business Details
Class 4 MOT Testing Centre With Vehicle Repairs For Sale Derby
Sovereign Business Transfer is delighted to bring to the market this MOT Testing Centre with Motor Repairs located in Derby.
This excellent business has been established over 20 years and specialises in Class 4 MOT’s but also undertakes a wide range of general motor repairs. It is based in a prime high-visibility location in a thriving and bustling industrial area.
This profitable business is owner operated with the help of 1x MOT Tester and 2x full time mechanics. This long-established business has over the years built up a loyal and enviable client base with regular and repeat custom.
The business currently trades Monday to Friday from 08.00 to 17.30 and Saturday 08.00 to 12.00.
The leasehold business is available for a competitive price of £239,950 SAV and we have been advised there is 2.5 year lease remaining, available to approved candidates at £1900.00 per calendar month for two commercial units.
This well-equipped double fronted unit does on average 20 to 30 MOT’s per week as well as general motor repairs and diagnostics.
The turnover for the year ended April 2023 was £814,109 with a gross profit of £114,624 with a high net profit of Circa £90,000 making this business an excellent investment.
Overall this is a sought after business with a long-established trading history and an enviable client base in a prime high-visibility trading location. Therefore viewing is highly recommended to appreciate the quality of this Class 4 MOT testing centre.
• Prime High Visibility Location
• Leasehold
• Vast Scope to Increase Turnover
• Regular & Repeat Trade
• Reason For Sale Change in Business Direction
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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