Garage and MOT centre in Stoke on Trent

We are a reputable garage and MOT centre situated in Stoke on Trent. We have been trading from the same facility for the past 23 years. This opportunity presents a chance to become part of a well-established business. Over the years, we have grown the venture from zero to a peak of 180k, currently settling at approximately 100k due to reduced working hours and selectively declining some work as we are on the verge of retirement.

For the right person, this business has the potential to expand considerably. Our current setup is a drive-through MOT, classified as class 4, but it has the capability to upgrade to class 7. Additionally, we have a tyre bay and three more ramps at our disposal which broadens the range of services we currently offer.

Our customer base is well established and dependable. Some of our clients have been with us for generations, with their children following suit. Our dedication to providing exemplary service has enabled us to nurture these relationships.

The property is on lease and there's opportunity for renewal of the lease agreement. We estimate the rent on a new lease to be between 12 to 15k per year, but this is open to negotiation with the landlord.

We are seeking £45,000 for the fixtures and fittings, alongside the goodwill this business has accumulated over the years. We believe this is a fair price, given that we have been advised that the value could be much higher due to how well-established the garage and MOT centre is in Stoke on Trent. We have thrived in this industry for 23 years, making it an excellent time to take over.

Acquiring our established customer base will ensure a strong starting point, with loyal customers who tend to return due to our track record of quality service. The leased premises also provides added flexibility. It truly is a great business opportunity for the right person.