Specialist Motor Car Workshop Repairs & MOTs Business For Sale

Business description

This young dynamic business was set up by the vendor to provide customers with main dealer standard car workshop services at truly independent prices. As part of this truly niche offering the business specialises in the servicing and tuning of certain distinctive marques. Approximately 70% of current revenues come from the servicing and repairs to the specialist manufactures it promotes with the remaining 30% coming from a host of other leading car manufactures, most of which are premium brands such as Audi, and BMW such is the quality of the workshop and its services.

The business is ideally located close to all the main dealers in the town and resides within a prime modern facility with superb infrastructure that has plenty of scope for future expansion.

The business has enjoyed very impressive growth to date and is building a loyal customer base, both within the trade (it has several clients who send their cars there for MOT test) and public. In the short time it has been trading the business has grown month on month and currently handles in excess of 155 jobs a month (which currently equates to circa £12,500 per month). This figure is increasing month on month even with the current economic difficulties the country is experiencing.

Equipment:

Superbly fitted and presented throughout this business has an excellent level of equipment. Major plant includes:

• 2 X 3.5 Tonne 2 Post Ramps
• 1 X 4 Post Full MOT Bay with rolling road and viewing area (Class IV)
• Specialist diagnostic test equipment fro the marques it specialises in
• Air conditioning gas analyser
• Various hoists etc
• Full range of office equipment and furniture including “The Garage Management System” off the shelf industry leading computer management system.

The heavy equipment is leased.

Customer Service:

The vendor, having spent may years in the motor trade, fully understands the importance of complete customer satisfaction. The workshop is an accredited member of The Good Garage Scheme. As part of this it has to undergo an independent audit every 6 months. Current customer questionnaire results rate customer satisfaction levels at 99.2% which puts it up with the best workshops in the UK.


Key Strengths:

• Superb high profile premises
• Customer service levels
• Facilities
• High quality staff
• Huge expansion possibilities
• Brand
• Growth rate

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business currently achieves turnover circa £150,000 per annum with gross profits circa £90,000 . This business has all the infrastructure now in place to enjoy sustained growth over the coming years and represents as sound investment opportunity. I t has already established itself as a superior workshop offering very high levels of service and satisfaction.

Property information

Property:

Leasehold

Lease terms:

The premises are leasehold. Current lease is for 9 years with 3 year break clauses. Current rent is £26500 p.a. Rates are circa £8000 p.a.

Location:

The premises are leasehold. Current lease is for 9 years with 3 year break clauses. Current rent is £26500 p.a. Rates are circa £8000 p.a. The premises are very high quality and modern. Circa 4700 square feet. Comprises reception area, open plan office, customer toilets and large workshop. Also has a large mezzanine floor used for storage. Double glazing and storage heating. Parking at the front and rear(circa 21 cars)

Other information

Expansion potential:

The business is currently enjoying impressive growth month on month such is the reputation it is building in the area. It has been approached by one prestigious manufacturer to develop the business as a dealership for them but the vendor has decided not to pursue this opportunity at this stage. Further opportunities exist due to the size of the site. It could move into car sales and develop a retail side for accessories such is the sites layout.

Competition / Market:

The business has been active in promoting the business to date using high visibility direct marketing techniques . I also has an impressive website and links into The Good Garage Scheme website. All customers are on the database(circa 1000 ) and these receive service reminders and the like via email, letter and text.

Support & training:

The current owners would be happy to provide full training and support at handover.

Reasons for selling:

The vendor is looking to pursue other interests outside the industry

Trading hours:

Monday – Friday: 0800-1730
Saturday: 0800-1230