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Established MOT Garage in Wigan, Manchester for Sale Due to Owner's Retirement

Wigan, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/07/23

  • Advert ID

    516706

  • Leasehold: £95,000
  • Rent: £21,000
  • Turnover: £80,000 (£1,538 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Retirement Sale

Business Details

Mot garage

For sale in Wigan, Manchester, is a well-established MOT garage. The operation has developed a strong reputation and following throughout its years of business and is now up for acquisition due to the owner’s impending retirement.

The garage is on leasehold with a market price set at £95,000. Currently, the business generates a turnover of £80,000, a figure that has consistently experienced growth under the current ownership. However, the asking price for this established enterprise is open to negotiation. 

The garage is extensively equipped, housing all new MOT equipment that aligns with automotive industry standards. It's licensed to conduct MOTs for vehicles in classes 1, 2, 3, and 4 which presents a versatile business model catering to a broad range of vehicles.

The facility benefits from having two ramps which boosts the efficiency of the operation. There is also a storage area dedicated to keeping spare parts organized and readily available for use, proving especially beneficial for prompt and smooth servicing. 

Accounts relating to the business are accessible and available for review upon request to assist in your purchasing decision. This thriving business, for sale due to the current owner’s plan to retire, offers a seamless transition for the next proprietors. 

For complete details about this promising prospect, please do not hesitate to reach out for a direct discussion.

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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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