The Business Sales Agency is delighted to bring to the market this excellent opportunity to acquire this well established and profitable garage and MOT station.
In addition to servicing and MOT work for Class 4, 5 and 7 vehicles this business has long standing arrangements with various leasing companies for recovery, engine replacement and flood damage assessment services.
Annual net sales of £350,000 with good gross and net profit margins.
Business, leasehold interest, equipment, fixtures and fittings for sale at offers over £195,000.
Further details:
Established for over 30 years this business provides servicing, repairs and MOTs for Class 4, 5 and 7 vehicles together with, for over 25 years, a significant amount of work for leasing companies including recovery coordination, engine replacements, flood damage assessments, etc.
Only offered for sale due to the current owner’s wish to retire this is an excellent opportunity to acquire a profit business in an ideal main road location with ample parking and no real local competition.
Longcroft is located 6 miles west of Falkirk along the main A803 road between Haggs and Dennyloanhead. The garage is also only half a mile from a junction with the M80 motorway making it easily accessible from the surrounding areas.
Financial information:
Net sales for the year ended 31 May 2022 £350,000. Consistent increase in year on year growth with further potential.
The sale price includes all the garage equipment, fixtures and fittings which is valued at over £40,000. The director’s and employees personal tools are not included in the sale.
Further financial information can be made available to serious interested parties after viewing.
Staff:
The business is run by the director with 3 full-time mechanics and two part-time reception/admin staff.
The owner is prepared to provide a handover familiarisation period for the purchaser.
Opening hours:
8.30am - 5pm Monday - Friday (4pm).
Premises:
The premises are located in a modern industrial unit extending to 202m2 (2,130sqft) with an additional mezzanine store and staff area. There is a bright reception and office area, MOT waiting room and toilet. The work space has a full MOT station, 2 ramps and a floor lift. There are large roller shutter doors to the front and rear of the unit.
The property has a secure rear yard and ample space at the front and rear for parking.
Tenure: Leasehold. Rent £1,000 per month. Rateable value £7,800 so no rates are payable.
