JUST REDUCED Class 4 and 7 MOT station for sale in Essex between Chelmsford and Colchester
Undisclosed, Essex
- Status
FOR SALE
- Advert ID
642323
- Reference
A0126E / Rightbiz
- Call Agent:
- Leasehold: £154,999 (Stock at valuation)
- Rent: £20,000 (£1,667 per month)
- Turnover: £400,000 (£7,692 per week)
- Profit: £75,000 (19% Profit margin)
Key Features
- Fully staffed with mechanics
- Garage unit for sale
- Goodwill and stock valuation
- Growth potential for new owners
Business Details
JUST REDUCED CLASS 4 & 7 MOT STATION £154,999 plus SAV – LEASEHOLD BETWEEN CHELMSFORD & COLCHESTER
JUST REDUCED CLASS 4 & 7 MOT STATION
PRICE: £154,999 plus SAV – LEASEHOLD
LOCATION: BETWEEN CHELMSFORD & COLCHESTER
REF: A0126E
CLASS 4 & 7 MOT STATION operating from a SEMI-DETACHED LIGHT INDUSTRIAL UNIT that measures OVER 2,000 SQ. FT. with a 20 FT MAX CEILING HEIGHT and benefiting from 8 PARKING SPACES at the front and rear of the unit. Located on a LARGE INDUSTRIAL TRADING ESTATE that is CLOSE TO THE MAINLINE STATION generating HIGHLY ENVIABLE VEHICULAR TRAFFIC & PASSING FOOTFALL in this ESSEX TOWN - BETWEEN CHELMSFORD & COLCHESTER. The business has been ESTABLISHED SINCE 1981 and has operated under the SAME OWNERSHIP FOR 20 YEARS by our client who has brought the business to market with a GENUINE REASON FOR SALE. The business carries out UP TO 200 MOTs PER MONTH, chargeable at £40 PER MOT, with additional revenue generating an ANNUAL TURNOVER CIRCA. £400,000 that still has plenty of scope. FULLY FITTED AND COMPREHENSIVELY EQUIPPED, our client has CONTINUOSLY INVESTED IN THE BUSINESS and has built up an UNRIVALLED REPPUTATION supported by 12 COMMERCIAL/CORPORATE CLIENTS with a FLEET OVER 100 VEHICLES. The premises are presented with a NEW LEASE at a current rental of ONLY £20,000 PER ANNUM INCLUSIVE and we are further business rates payable are £8,500. We feel there is HUGE POTENTIAL in younger hands for an experienced mechanic/MOT tester looking for their own business or an established business looking to expand their current operation into the area.
Sole agents ESSEX AND SUFFOLK BUSINESS SALES are delighted to be instructed in the sale of the business and suggest an EARLY VIEWING IS ADVISED.
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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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