VAG Specialist MOT Station with Modern Equipment for Sale in Colchester
Colchester, Essex
- Status
FOR SALE
- Advert ID
618304
- Reference
RX407750 / Rightbiz
- Call Agent:
- Leasehold: £250,000
- Turnover: £517,703 (£9,956 Per week)
- Net Profit: Not Applicable
Business Details
MOT STATION (CLASS 4, 5 & 7) VAG SPECIALIST
We are pleased to present a rare opportunity to acquire a well-established VAG specialist MOT station in the heart of Colchester. This business has been successfully operating for a number of years, building a strong reputation for quality service and reliability.
Key Features:
Established Clientele: Loyal customer base with regular repeat business and excellent word-of-mouth referrals.
Comprehensive Services: Fully equipped to offer a wide range of MOT testing and vehicle repair services, in addition to being a VAG specialist.
Experienced Staff: Skilled and certified technicians willing to stay post-sale, ensuring a smooth transition.
Modern Equipment: Up-to-date diagnostic and repair tools, ensuring compliance with all regulatory requirements.
Strong Financials: Consistent turnover and healthy profit margins with potential for further growth.
Reputation: Outstanding 4.9-star rating on Google Reviews.
Accolades: Finalists for the IGA's British Independent Garage Awards 2023.
Facilities: Spacious workshop with multiple bays; Comfortable waiting area for customers; Office space for administrative tasks; Secure storage for parts and equipment.
Growth Potential: There is significant potential to extend the trading days and times as our client currently closes on weekends which leaves massive scope to increase business. Also, increasing marketing efforts would also help grow the business.
10 year lease from July 2019 at a current rental of £8,103 per quarter.
Most recent 4-quarters VAT returns confirm a net turnover of £517,703. Full financial information can be disclosed to seriously interested applicants following a viewing of the business.
For more details or to arrange a viewing, please contact us now! RX407750
Contact Agent
Listing Statistics
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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.
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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