CoGoGo are pleased to have been given the opportunity to manage the sale of MJ Autos which is a well-established business with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
MJ Autos was founded by the current owners nearly thirty years ago. The business has been a real labour of love for them and has flourished under their ownership and they have an impressive number of regular customers, many of whom are known on a first name basis by the owners who are popular and well respected members of the local community.
The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to take a well-earned retirement. They are keen to see their beloved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.
MJ Autos is an independent local garage serving Pencoed and the surrounding areas.
The business undertakes Servicing, Repairs and MOTs on all makes of car and offers a comprehensive range of services including:
MOTs
Car repairs
Car welding
Brakes and shock absorbers
Air conditioning
Car safety checks
Car tyres
Engine diagnostics
Car exhausts
Car servicing
Clutch replacements
Engine management
Mechanical repairs
Vehicle recovery
Courtesy cars.
The sale will include the company website (garage---------.--.--) and Facebook page and the business enjoys great visibility on the internet via websites such as ---.----.---, ---.-----.----.--.--, ---.--------.---, -----------.-----.---, etc.
MJ Autos enjoys impressive reviews from the likes of Cyclex, Good Garage Guide and Yell.com
Scope to Improve:
Advertising and marketing campaign
Maximise the use of social media particularly twitter and Instagram
Update the website ideally including an online booking facility
Extend the opening hours
Explore online voucher discounters such as Groupon and Wowcher
Introduce a customer loyalty card/ Scheme
Expand the car sales side of the business
Consider van and car rental
Reasons to Buy:
A well-established business with an enviable reputation and many existing customers
All fixtures and fittings included making this a real Turnkey business opportunity
Ideal owner managed or partnership business
Current owners would be happy to offer a handover to ensure the continued success of the business
The business occupies a generous plot which could offer redevelopment potential.
CoGoGo highly advise early viewing to avoid disappointment.
This great little business is likely to attract considerable interest
Financial Profile
MJ Autos generates an advised current turnover of circa £233,000 as of the 2019 accounts with a net profit of £30,699.
