Extremely Profitable Independent Service Repair & MOT Garage For Sale

Business description

This business comes to the market through the decision of the owners to retire. The current owner has been involved in the business for 48 years and owned it for the last 25.

It has been very well managed from a customer service and profitability perspective. It has a track record of stable, growing revenue with >35% gross profit margins and >20% net returns. Revenue has ranged between 326k and 362k in the last 6 years of trading.

It enjoys a growing customer based of over 3000 customers and has experienced nearly 95% retention of customers through repeat business. The 5% have generally relocated or stopped using a car.

Headlines:
1 Established 1936 current owner has managed it for last 25 years(but been involved for 48)

2 Experienced highly skilled loyal staff 2 having been with us over 20 years

3 Customer base over 3000

4 Freehold premises includes workshop(4bays) parts dept, full tyre bay, stores and shop/reception

5 Full up to date technology, including air con, diagnostics etc

6 Excellent MOT record

7 Undertakes servicing repairs diagnostics, air con & tyre sales

8 Business is a partnership

10 Excellent profit margin( see attached)

11 Freehold site in a prominent position

Available options for sale:

A) Business and freehold premises:

The owners would be flexible to offer the business and freehold premises as a

B) Business and 5 year lease:

The owners would be comfortable with enabling interest parties to bid and offer for the business and agree terms for leaseback over 5 years

Please contact me for more information obtained via a signed NDA and/or to arrange a site viewing.

Thank you for your interest.

Property information

Property:

Freehold

Location:

Prominent central village location between 2 towns. All through traffic must pass location.

Other information

Expansion potential:

Great opportunity to expand current services to existing customers, grow MOT business, grow tyre sale/air con revenue. Outstanding opportunities to be realised with motivation and focus.

Competition / Market:

Limited compettive locally as business built on great customer experience with very low attrition.

Support & training:

Support & training to be discussed and agreed during the sale process

Reasons for selling:

Retirement

Trading hours:

Mon to Friday 8am - 6pm.