Sovereign Business Transfer is delighted to present this established Mercedes-Benz Specialist Motor Repairs business located in Chester, Cheshire. The business specialises in A- to V-class vehicles and boasts the expertise and experience to provide comprehensive diagnostics using their Star diagnostic machine, as well as thorough servicing and repair work. While Mercedes-Benz vehicles are their specialty, they also cater to other makes and models, offering essential services such as interim, full, and major car servicing.
Situated in a prime, high-visibility location within a bustling industrial area, this business benefits from a steady stream of potential customers. Operated by the owner and supported by a full-time garage manager, it has developed a loyal client base over the years, with regular and repeat customers reflecting the high quality of service provided. The business operates from Monday to Friday, 08:30 to 17:30, and remains closed on Saturdays and Sundays.
The leasehold business is available for £400,000.00 + SAV, with a lease valid until 2032, renewable under the Landlords and Tenancy Act. Financial performance for the year ending November 30th, 2022, included a turnover of £342,686, a gross profit of £255,148, and a profit on ordinary activities before taxation of £58,971, highlighting the business’s viability and investment potential.
In summary, this is a highly desirable business with a long trading history, a strong client base, and a prime location. Viewing is highly recommended to appreciate the quality and potential of this leasehold concern. With significant scope to increase turnover and regular repeat trade, this genuine sale represents an excellent investment opportunity.
Annual net turnover: £342,686
Significant scope to increase turnover
Long trading history
Genuine reason for sale
