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Petrol Forecourt Workshop Mot Recovery Bed Apartment For Sale

Kent
Asking Price:
£1,050,000
Turnover:
£882,448
Net Profit:
£107,082

Petrol Forecourt Station 2xQuads (8 pumps) Shop and Workshop, MOT, Mechanical Repairs & Tyres plus Recovery
1 bed apartment
This petrol forecourt and garage services related business has been established for over 16 years and is widely recognised as a local brand amongst its predominantly local clientele.

It is a very well established, independent garage - a ‘one stop shop’ for all motoring needs including a petrol forecourt with shop, a workshop mechanical repairs and tyres, MOT station and recovery service.

The petrol forecourt comprises 2xQuads (8 pumps) Shop and Workshop.

With a team of fully trained staff, this business is capable of working on all makes and models in its workshop. The petrol forecourt at the front of the premises is served via a small retail shop, an MOT station and workshop.

The garage on-site facilities ensure that a quality job is completed each and every time with all repair work undertaken with the greatest care and attention. All staff understand the importance of customer satisfaction and the impact it can have on referrals and repeat business. Customer expectations are managed effectively, enquiries are dealt with efficiently and work on vehicles is completed on time. As an independent garage, it offers a highly personal service.

The company provides an acquirer with an ideal additional outlet for a business already operating in the garage services sector or alternatively an excellent platform with future growth.

Customer Service:
This company has an extensive local client base with the vast majority of customers being private motorists attracted by the excellent service, high quality workmanship and reliability.

Key Strengths:
• Excellent Reputation for Quality of Work
• Efficient and Established Service
• Reliability
• Little local competition.
• Solid, longstanding petrol forecourt, shop, workshop MOT customer base
• Loyal, highly skilled and experienced workforce.
• Significant growth and expansion opportunities.

Key Opportunities:
The Owner believes that the business has significant potential for growth:

• Motivation that would inevitably occur from new ownership.
• Extending the workshop and investment to bring it up-to-date
• Installation of another MOT bay for additional work
• An increase in the hourly rates charged in the workshop

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.

Turnover circa £882,448 per annum
Gross profit c.£342,482
Net Profit c. £107,082
Net Assets c.£379,688

Property information

Property:

Freehold

Premises Details:

The premises are freehold and owned by the two owners of the business. The freehold site is valued at circa £600,000 and is included in the asking price of the business which is £1,050,000.

Business rates are £5,197 per annum.

The petrol forecourt has 2xQuads (8 pumps) a small retail shop, mechanical repair workshop and MOT station with single Bay. A storage area is located on the first floor which is accessed from the workshop. The premises are secured with steel shutter doors.

On the first floor there is a self-contained 1 bed apartment being rented for £440 per calendar month.

Business Operation

Competition / Market:

Investment in a business website and advertising could certainly attract additional enquiries for the MOT and repair workshop.

Reasons for selling:

The two owners are now looking forward to semi-retirement.

Trading hours:

Monday – Friday: 6.30am – 6pm
Saturday: 8am – 2pm

Employees:
09
Years established:
16

Other Information

Support & training:

Support and training will be provided for a period of time (if required) and will be negotiated at the time of sale to ensure a smooth transfer of ownership.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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