Motor vehicle repair shop for sale in Nottingham Nottinghamshire with loyal clients and modern facilities
Nottingham, NottinghamshireEst. 45 years
- Status
FOR SALE
- Advert ID
656239
- Leasehold: £100,000 (Stock at valuation)
- Rent: £19,200 (£1,600 per month)
- Turnover: £130,000 (£2,500 per week)
- Profit: On request
Key Features
- Positive market reputation
- Recommended by returning clients
- Renewable lease agreements
- Repeat business base
Business Details
Motor vehicle repair
This well-established business has been a prominent fixture in the area for the last 45 years, boasting a strong customer base and a reputation for high-quality car and light commercial repairs. The current owner, who is retiring, offers a rare opportunity to acquire a spacious workshop with three bays and a rear compound, making it an ideal setting for vehicle maintenance and repair operations.
Equipped with modern tools and diagnostic equipment, this workshop is strategically located for easy customer access. With the capacity to accommodate multiple vehicles simultaneously, it has proven its reliability and commitment to quality service over the years. This solid operational history has cultivated excellent customer relationships, resulting in strong referrals that further enhance its standing in the market.
Key Features and Opportunities
Potential buyers will appreciate the variety of features included with the purchase, which contribute to the business's ongoing success. To highlight a few:
- Established client contracts that guarantee a steady flow of business
- Strong supplier relationships built during its extensive operational history
- Room for expansion following the sale, allowing for growth in service offerings and clientele
- External compound area, adding value and convenience to operations
- A fully fitted setup for immediate operation, ensuring a smooth transition for the new owner
The current turnover stands at £130,000, and the annual rent for the premises is £19,200. While there has not been a recent increase in turnover, the business remains financially sound, reflecting its robust heritage and the potential for continued success. Optional fixtures and fittings can be negotiated as part of the sale, allowing for personalised adjustments to the new owner’s preferences and operational needs.
Support and Transition
The owner is open to offering training opportunities to ensure a seamless handover and facilitate the new owner’s integration into the business. Although currently operating with no employees, the setup is ideal for someone looking to manage a dynamic motor vehicle repair operation with minimal overhead.
With flexible viewing arrangements available by appointment only, potential buyers are encouraged to experience this exceptional opportunity first-hand. This family-owned business comes with a strong community presence, ready for the next chapter in its legacy.
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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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