Independent Garage and MOT Centre for Sale in Prime Lincolnshire Market Town
Undisclosed, Lincolnshire
- Status
FOR SALE
- Advert ID
652667
- Reference
wall0222 / Rightbiz
- Call Agent:
- Leasehold: £495,000
- Rent: £20,000 (£1,667 per month)
- Turnover: £690,000 (£13,269 per week)
- Profit: £110,000 (ROI 22.22% • Payback 4.5 years)
Key Features
- Mechanical repair solutions
- Minimal rental expenses
- Mobile workspace flexibility
- Modern customer reception area
Business Details
Established Highly Profitable independent Garage & MOT Centre In A Prime Lincolnshire Market Town
Confidential Sale – Highly Profitable Independent Garage & MOT Centre
Established & Highly Respected Automotive Business – Prime Lincolnshire Market Town
A rare opportunity to acquire a long-established, highly profitable independent garage and MOT centre in a thriving and affluent Lincolnshire market town.
The business has built an outstanding reputation over many years, with a loyal customer base, strong levels of repeat and referral business and a consistently high demand for its services.
The current owner is now looking towards retirement, creating an excellent opportunity for a new owner to acquire a genuine turnkey automotive business with an experienced team already in place.
The Business
The garage provides a comprehensive range of automotive services, including:
- MOT Testing
- Vehicle Servicing
- Mechanical Repairs
- Vehicle Diagnostics
- Tyre Supply & Fitting
- Brake, Exhaust & Suspension Repairs
- Air Conditioning Servicing & Repairs
The business operates from large, modern and fully equipped workshop premises, including multi-class MOT testing facilities.
The customer base includes a strong mix of private motorists and local businesses, with the business benefiting from an excellent reputation and substantial repeat trade.
Importantly, the business currently does little to no advertising and still maintains a consistent two-week lead time, demonstrating the strength of its reputation and underlying demand.
Key Features
- Long-established and highly respected independent garage
- Prime Lincolnshire market town location
- Large, modern and fully equipped workshop
- Multi-class MOT testing facilities
- Experienced and established team
- Excellent local reputation
- Strong repeat and referral customer base
- Consistent two-week booking lead time
- Minimal reliance on advertising
- Established systems and processes
- Strong turnover and profitability
- Genuine retirement sale
- Fully operational turnkey business
- Significant scope for further growth
Significant Growth Potential
The business is already performing strongly, but there is considerable potential for a new owner to further increase turnover and profitability.
Potential opportunities include:
- Developing fleet servicing and maintenance contracts
- Introducing a stronger digital marketing strategy
- Extending opening hours
- Expanding specialist diagnostic services
- Further developing the tyre and fast-fit operation
- Increasing commercial customer accounts
- Introducing additional revenue-generating services
With the existing customer demand, reputation and infrastructure already in place, a new owner could potentially grow the business without the need for significant additional premises or investment.
The Opportunity
This would be an ideal acquisition for an owner-operator, partnership, family business or existing motor trade operator looking to acquire an established and profitable automotive business with an excellent reputation and a strong platform for future growth.
The vendor is committed to ensuring a smooth and structured handover and will provide appropriate support to the new owner during the transition period.
Reason for Sale: Retirement
This is a confidential sale. The business name and full trading details will only be disclosed to genuinely interested and suitably qualified purchasers following completion of a confidentiality agreement.
Early enquiries are strongly recommended. Opportunities combining this level of profitability, established demand, experienced staff and genuine growth potential are rarely available.
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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.
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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.
Be safe, use a Rightbiz Solicitor
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