Long-standing MOT Station & Vehicle Repair Business in Preston Lancashire for Sale
Preston, Lancashire
- Status
FOR SALE
- Advert ID
622373
- Leasehold: £200,000
- Rent: £28,000
- Turnover: £430,000 (£8,269 Per week)
- Net Profit: £60,000 (14% Profit margin)
Key Features
- Accounts Available
- Prime Location
- Fully Fitted
- New Lease
Business Details
Mot Station & Vehicle Repairs
Established for 18 years, this MOT station and vehicle repair garage is a prime business opportunity in Preston, Lancashire. The facility is equipped to handle both Class 4 and Class 7 vehicles, offering connected equipment for comprehensive servicing. The garage is busy year-round with a strong local customer base
The spacious, well-maintained workshop features six ramps and is equipped with a tyre machine, making it ready for immediate operation. This setup ensures efficient handling of a diverse range of repairs, from cars and light commercial vehicles to motor homes. Moreover, the garage holds several fleet and company contracts, contributing to its robust current turnover of £430,000.
Customers benefit from a modern reception area with amenities, providing comfort while waiting for their vehicles. There's also a dedicated staff recreation area complete with entertainment facilities. The facility offers ample parking for 12 vehicles, supporting the high volume of business consistently observed at the location.
Situated on a busy A road leading to BAE and Preston, with motorways nearby, the garage is in a prime location that aids in attracting walk-in customers. The leasehold is valued at £200,000, with an annual rent of £28,000, and a profit margin of £60,000. All stocks are included in the price, making it a turnkey operation with accounts available for review.
The business employs five skilled staff members and is fully fitted, ready for a new owner to take over seamlessly. Positioned for continued success, this garage offers an exceptional opportunity to acquire a well-established business with modern facilities and a solid reputation.
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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.
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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