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Profitable Garage Offering Mot Servicing Repairs And Sales In Surrey For Sale

Surrey, UK
Asking Price:
£800,000
Turnover:
£1,120,000
Net Profit:
£185,000

This is a highly profitable family business offering car servicing, repairs MOT and sales.

It has been established for 67 years and delivered a turnover for the last financial year in excess of £1.1m generating profit before tax in excess of £180,000. EBITDA is £230,000.

It operates from well-equipped premises with grandfather MOT rights and space to display cars being marketed for sale.

It is located in an affluent area with a large catchment, with limited local competition and therefore offers purchasers an opportunity to grow.

The business has a very strong customer service ethos, which has built a strong reputation in the immediate and surrounding areas generating a high level of repeat customers. It is located in South East England.

It has a strong team in place who will transfer with the business.

This is a rare opportunity to purchase an established highly profitable garage business with excellent growth potential in an established local marketplace with limited local competition.

Property Information

Property:

Leasehold

Location:

South East England

Premises Details:

Fully equipped workshop, grandfather MOT rights, Forecourt

Business Operation

Expansion Potential:

Extensive

Competition / Market:

Only independent garage in catchment

Reasons for selling:

retirement

Trading hours:

Mon - Fri
Sat

Employees:
8
Years established:
30+