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Long-Standing Mot Garage & Tyre Dealer In London For Sale

UK
Asking Price:
£330,000
Turnover:
£228,077
Net Profit:
£71,945

Now on the market is an independent tyre dealer and MOT garage that is top-rated in South London, with a Google rating of 4.9 out of 5 from nearly 400 reviews. The business was founded over 20 years ago as a new and used tyre centre, and recently added a fully compliant, fully fitted MOT station that meets all VOSA requirements. This makes the garage an extremely popular location for MOTs, and it can handle up to 10 MOT tests per day.

The business has four key areas including - new and reused tyres, wheel alignment, MOTs, and basic and essential servicing. The clients are mainly locals, but the business also attracts customers from further afield in London due to its excellent reviews and reputation.

The garage is fully equipped - in addition to the £50,000 spent on the MOT station, the business has recently invested in three new tyre machines, a compressor, new flooring, and tools at a cost of a further £50,000 and as a result, the garage is equipped to the highest of standards.

The garage has 3000 sqft of tyre storage, which allows it to keep in stock low profile and other niche tyres.

The freehold is also available and would be available with offers over £550k with possibility for residential development - waiting on this being approved.