Profitable Garage & MoT Centre In Brentwood For Sale

Business description

• The Business is an independent and family run vehicle maintenance and repair specialists offering servicing and diagnostics in addition to carrying out MOT’s.

• The company was formed in 1983, trading as a motor factor in Essex.

• In the Company moved to a newly built facility with a large, clean workshop, enabling them to expand their services

• The business has two different facets.
1. Servicing & Diagnostics
2. MOT’s.

• The Company’s operation is located in Essex with easy access to the A12 and M25.

• Levels of turnover and profit have held steady over this downturn due to;
• Excellent contacts and a loyal customer base.
• An internal quality standards system.
• The Company offers consistently excellent standards of customer service, which significantly delineates it from its competitors.

Property information

Property:

Freehold

Location:

The Company’s operation is located at its new workshop, off a main road on the corner of an industrial estate in Essex with easy access to the A12 and M25.

Premises details:

• The modern premises measuring 3,800 sq. ft. were purpose built to a high specification and purchased by the Owners in 2000. It is believed that they are currently valued between £625,000 and £650,000.

• The premises are owned outright by the Owners and there is no outstanding mortgage. Whilst they will not be included in the business value, they would be valuable to anyone purchasing the business and will be offered for sale.

• The premises consist of a large workshop with double garage doors, a reception area, upstairs offices, storage space, a kitchenette and bathroom. The building is secure with a red care alarm system maintained by Steeltronics Ltd.

• There is scope to extend the building into the backyard. Outside there is parking for 6 cars on the forecourt and 14 in the rear car park.

Business Operation

Expansion potential:

1. The premises could be extended to create more space and therefore increase the number of bays in the garage.
2. Incorporation of a mezzanine floor would allow space to create either a motorcycle testing lane, a tyre/exhaust fitting bay, or an additional service/repair bay.
3. Introduce air-conditioning repairs and recharging services.
4. Greater focus on corporate work, many leasing companies have enquired about opening an account with the Company in the past.
5. Recovery work is currently outsourced and could be bought in house – ideally located for A12 and M25.
6. The company currently trades for only 47 weeks a year, closing on all bank holidays as well as closing down for 2 weeks in August and at Christmas. Therefore, another month’s trading could generate further income.

Competition / Market:

The market is not dominated by any single player, the market being fragmented with many operators • The Company is able to maintain its competitive position through strong levels of repeat business and profitability. • The Company commands strong customer loyalty, generated by both well-developed client relationships and provision of consistently high levels of customer service. • As a result of their high level of service using the latest technology and equipment, competition at this level is minimal, and while there are many garages in the area, few are able to offer the same standard of diagnostics and repairs. • As work at the Company is carried out to such a high standard and at a reasonable price, customer retention can be maintained over years.

Reasons for selling:

Retirement sale

Trading hours:

Monday - Friday 8am - 6pm; Saturdays 8am - 1pm

Employees:

8

Years established:

26 years

Other information

Support & training:

The owner will assist as necessary in the training of new owners

Furniture / Fixtures value:

£60,000

Inventory / Stock value:

£25,000

Related documents:

• 
• Project 402 Confidentiality Agreement