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Vehicle Repair and MOT Service Centre in Enfield London available for sale

Enfield, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    646611

  • Leasehold: £600,000
  • Rent: £60,000 (£5,000 per month)
  • Turnover: £700,000 (£13,462 per week)
  • Profit: On request

Key Features

  • Established and operational for years
  • Established business opportunity
  • Established business with turnover
  • Established family businesses

Business Details

BS10125 Accredited Vehicle Repair Centre & MOT Service Centre

Prominent vehicle repair centre and MOT service station, accredited and approved by established insurance standards under BS10125. With a successful history spanning over 20 years, this business not only offers insurance and accident management contracts but also caters to diverse fleet requirements. The centre is strategically positioned for substantial growth and expansion, making it an attractive investment.

The current owner has decided to retire, presenting a unique chance for a new proprietor to step into a well-established business. With a dedicated team of six employees, this venture is well-equipped to continue its legacy of providing excellent service. The business boasts a robust online presence, enhancing visibility and engagement with customers. Furthermore, the current owner is committed to ensuring a smooth transition by offering training opportunities to the new owners, facilitating a seamless handover.

The leasehold opportunity comes with an asking price available upon request, while the current annual turnover stands impressively at £700,000. Additionally, the annual rent is set at £60,000, providing a manageable overhead for investors.

Key Features and Advantages

This well-established and operational business is backed by a wealth of experience and numerous advantages, including:

  • A long-standing and reliable customer base, supported by excellent customer service
  • Established relationships with insurers and existing business contracts with clients
  • A prime trading location with excellent road access and visibility
  • Comprehensive services, including exclusive repairs, fast-fit brake and suspension services, and exhaust system repairs
  • A collection of extensive machinery and tools, providing high-quality vehicle repair services
  • Flexible operating hours to accommodate a diverse clientele

This family-owned and operated business not only embodies experience with its skilled automotive technicians but also showcases effective management capability. The owner’s involvement ensures a well-guided transition process, maintaining quality and service excellence throughout. Embrace this chance to inherit a thriving business with endless potential for success.

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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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