Hilton Smythe are pleased to have been given the opportunity to manage the sale of Auto Engine Tune which is a well-established Garage and Mot Centre with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
There has been a garage at this site for over 50 years and the current owners have run it successfully and lucratively as Auto Engine Tune for the last 14 years or so. The business has been a real labour of love for them and has accrued an impressive number of regular customers and a fantastic reputation.
The business is now being sold albeit reluctantly and with heavy hearts only due to a wish to take a well-earned retirement, the vendors are keen to see their beloved garage pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Auto Engine Tune is a family run garage that prides itself on a personal and friendly service. The business is a member of the “Retail Motor Industry Federation “and complies fully with the federations quality control code of practice for the motor trade.
The business carries out repairs and servicing on all marques including:
Mots.
Brake overhauls.
Clutch replacement.
Cylinder head gaskets.
Cam belt replacement.
Suspension and steering repairs.
Air conditioning.
ECU remapping.
The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.
Reasons to Buy:
A well-established business with an enviable reputation and many existing customers.
The sale includes the substantial freehold.
Current owner happy to offer a handover to ensure the continued success.
All fixtures and fittings included making this a real “Turnkey “business opportunity.
Ideal owner managed or partnership business.
Hilton Smythe highly advise early viewing to avoid disappointment.
Financial Profile
Auto Engine Tune has averaged a turnover of circa £283,000 per annum as of the 2016/2017 accounts with a gross profit of approximately 37% (£104,248).
