We are pleased to present a rare opportunity to acquire a well-established VAG specialist MOT station in the heart of Colchester. This business has been successfully operating for a number of years, building a strong reputation for quality service and reliability.
Key Features:
Established Clientele: Loyal customer base with regular repeat business and excellent word-of-mouth referrals.
Comprehensive Services: Fully equipped to offer a wide range of MOT testing and vehicle repair services, in addition to being a VAG specialist.
Experienced Staff: Skilled and certified technicians willing to stay post-sale, ensuring a smooth transition.
Modern Equipment: Up-to-date diagnostic and repair tools, ensuring compliance with all regulatory requirements.
Strong Financials: Consistent turnover and healthy profit margins with potential for further growth.
Reputation: Outstanding 4.9-star rating on Google Reviews.
Accolades: Finalists for the IGA's British Independent Garage Awards 2023.
Facilities: Spacious workshop with multiple bays; Comfortable waiting area for customers; Office space for administrative tasks; Secure storage for parts and equipment.
Growth Potential: There is significant potential to extend the trading days and times as our client currently closes on weekends which leaves massive scope to increase business. Also, increasing marketing efforts would also help grow the business.
10 year lease from July 2019 at a current rental of £8,103 per quarter.
Most recent 4-quarters VAT returns confirm a net turnover of £517,703. Full financial information can be disclosed to seriously interested applicants following a viewing of the business.
For more details or to arrange a viewing, please contact us now! RX407750
