Auto Repairs MOT Station with 40-year History and DVSA Green Light Status in North Yorkshire for Sale
York, North Yorkshire
- Status
SOLD / WITHDRAWN
- Advert ID
611245
- Leasehold: £35,000
- Rent: £16,500
- Turnover: £115,212 (£2,216 Per week)
- Net Profit: £41,475 (36% Profit margin)
Key Features
- Fully Fitted
- Small Business
- Accounts Available
- Price Further Reduced
- Established Business
- With Car Park
- Attractive Business
- Price Reduced
- Company for Sale
- Retirement Sale
- Adjacent to Multiple Retailers
- Offers Invited
Business Details
Well Established Auto Repairs Mot Station Business North Yorkshire
Retirement sale. REDUCED FURTHER FOR QUICK SALE.
A reputable car service garage is being sold after being run solely by the owner for 40 years.
Established garage and MOT station successfully run since setup with fully positive 5-star reviews. Impressive range of fixtures, fittings, plants, and equipment. Including a 2-post vehicle ramp and a fully equipped MOT bay, which has a 4-post ramp & tyre replacement machinery.
The garage is set up to carry out MOTs for classes 4 & 7. Class 4 is cars and small vans. Class 7 includes commercial goods vehicles that carry between 3,000 kg and 3,500 kg in weight.
A new rental lease starts in July 2024 at £1375 per month plus VAT. 5 and 10-year leases are available for the premises.
Eligible for the rate relief scheme. Don't pay any rates. (National Non-Domestic Rate Bill Example in documents attached to the advertisement).
The premises or unit consists of a cabin containing the reception/office, a staff kitchen area, and a large garage workshop.
The business has shown excellent profits and has a huge amount of room for expansion. These profits are based on a single mechanic working 4 days a week at state retirement age. Scope to open 7 days a week and have more than 1 mechanic working on site. Good customer base, which moved with the company when the business relocated to Tholthorpe from Helperby less than a decade ago.
Premises is 10 miles north of York, based in a commercial and industrial multiplex next to Tholthorpe village. Large local customer base. Highly accredited in all details of car servicing, maintenance, and repairs. Immaculately presented facility of approximately 230 square meters (2475.7 sq ft). Customer waiting room. Separate toilet facilities for customers and staff.
Equipment and stock valued at £25,000. For inventory, see the documents attached to this advertisement.
The business has a green light status from DVSA for testing standards.
Business cannot be relocated.
EPC Band D (updated since certification was given). The unit has 3-phase electricity and LED lighting.
Adjusted profits of £41, 475 for year ended 2022-2023.
Annual turnover: £115, 212.
Accommodation not included.
Business is not home-based.
Website page: www.chapmanautorepairs.co.uk
Facebook page: www.facebook.com/chapmanautorepairs
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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.
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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 number 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.
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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.
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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.'.
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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.
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