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MOT and Repair Service Centre for Sale in Pinner London

Pinner, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    645387

  • Leasehold: £625,000
  • Rent: £65,000 (£5,417 per month)
  • Turnover: £960,000 (£18,462 per week)
  • Profit: On request

Key Features

  • Equipment and asset value
  • Well-equipped with tools
  • Established business with turnover
  • Established trading location

Business Details

Mot & Repair Service Centre in Pinner

This well-established local business has been a trusted provider of car servicing, repairs, and MOT testing for over 35 years. With a sterling reputation reflected in more than 1,200 Google reviews, boasting an impressive average rating of 4.9 stars, it consistently outperforms competitors in the surrounding area. The business has cultivated a loyal, affluent clientele who frequently return, ensuring a steady stream of repeat custom and a substantial database of satisfied customers. Systems are in place to effectively remind and follow up with customers, presenting an exceptional opportunity for new owners to capitalise on an already lucrative enterprise.

With a current turnover of £960,000 and an annual rent of £65,000, this thriving enterprise sits at the heart of a bustling community, nestled beside Pinner Station and surrounded by local amenities including supermarkets, cafes, parks, and restaurants. The business benefits from strong foot traffic and convenient accessibility, providing significant advantages over its two nearby MOT centres. Additionally, it comes fully equipped with all necessary fixtures and hand tools, making it ready for immediate operation.

Prospective owners will appreciate the comprehensive support offered during the transition, with negotiations for training opportunities available. Under current ownership for 17 years, the decision to sell stems from a desire to pursue other interests outside of the automotive trade. The dedicated team of six experienced technicians ensures operational efficiency, and the business boasts a proven high turnover model in this lucrative niche market.

Asset Value and Facilities

The business includes a high-quality plant inventory and generous premises that offer ample space for operations. It benefits from a family-owned heritage which adds to its charm and customer loyalty, ensuring a warm community feel. Each potential buyer will receive the opportunity for a full inspection prior to purchase, allowing for complete transparency and confidence in the acquisition.

Growth Potential

There remains significant growth potential for the new owner, whether through expanding current services or enhancing operational capabilities. The unique positioning on a prime high street location, coupled with high customer demand, creates an advantageous environment for future business expansions. With its established trading presence and demonstrated success, this business stands ready for the next owner to take it to new heights.

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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.

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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