Featured Brokers
CONFIDENTIAL
FOR SALE
652525
Situated in Croydon, our medium-sized auto repair garage and MOT centre has been a trusted name in automotive services for over 16 years. With a spacious facility that accommodates up to 25 vehicles, we also boast a comprehensive bodywork shop. Our dedicated team of approximately eight skilled professionals is committed to ensuring that every customer leaves us satisfied and their vehicles in top condition.
We offer an extensive array of car repair services, catering to a diverse range of vehicles and models across London. Our technical expertise allows us to handle everything from routine oil changes and filter replacements to more complex tasks such as brake repairs, shock absorbers, and tyre alignments. Whether you need a quick maintenance check or a more technical hybrid auto repair, we have the skills and facilities to meet your needs.
Investment and Facilities
The business is now offered for sale at a leasehold price of £250,000, with a current turnover of £450,000. The annual rent is £40,000, and all stock is included in the sale. For prospective buyers, this is a seamless opportunity to step into an operation that is ready for immediate takeover.
Customer Amenities
Located conveniently near local amenities such as shops, restaurants, and public services, we attract a steady flow of customers. Our facility includes parking for customers and provides all necessary office arrangements to support ongoing operations.
Key Features and Opportunities
This garage is ideal for mechanics or entrepreneurs looking to expand their business portfolio. As an RAC- and AA-approved provider, we have established a reliable revenue stream through various channels, making this an appealing investment. The sale includes a new lease offer, presenting potential for further growth and business expansion.
We are also open to providing training opportunities for the new owners, should it be required, ensuring a smooth transition and continued success of the business.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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