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Finance And Services:

Business For Sale. Freehold Motor Vehicle Workshop With Mot Test Station (class Iv)

LISTING DETAILS
Firms For Sale ID:
34813
Vendor reference:
AL245
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£370,000  
Turnover / revenue:
£195,000
Net profit / cashflow:
Undisclosed
Years established:
35
Number of employees:
4
Employees / staffing:
Both directors are hands one and work full time in the business and are fully trained mechanics. The business also employs a full time apprentice and a part time office manager.

OTHER DETAILS
Reason for selling:
Having spent the last 40 years within the motor trade the vendors now wishes to retire.
Support and training:
The vendors would be happy to provide full training and support at handover to ensure a seamless transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Freehold Motor Vehicle Workshop with MOT Test Station (Class IV)
Ref. AL245
Location : Bolton, Greater Manchester
Asking Price : GBP 370,000
This very well established business provides a comprehensive workshop and MOT service for motor vehicles/cars and light commercial vehicles within the highly populatd suburb of Bolton it resides in.
Owned by the current vendors for the last 35 years, the business has built up a sterling reputation in the area over this time for providing full repair, servicing, maintenance and MOT testing services to both business and domestic customers within the local community and beyond.
This profitable business has established itself as a market leader with an enviable reputation for quality and service. Due to this the business enjoys very high levels of referrals and repeat business from a loyal following of customers, so much so that the business can boast a large active client base, many of whom span generations of the same family. The business has an excellent split of clients and services both the trade (including prestigious dealerships) and the general public.
The garage is fully equipped for purpose and plant includes:
Dedicated Class 4 MOT bay
Fully equipped workshop
4 Ramps (inc MOT bay which has one).
Full diagnostic equipment
Range of specialist tools
The two directors are both full time in the business and are fully trained mechanics. They are fully conversant with the latest workshop techniques and engine management systems and the business is compliant with all necessary health and safety regulations and codes of practice.
Location is ideal being very close to its customer base (couple of miles radius). There is ample parking (circa 20 cars) so customers can leave their cars and pick up at a convenient time later in the day if need be. The business typically carries our circa 8 MOTs a day.

Expansion Potential
The business has enjoyed steady growth over the years and now consistently produces good profitability year on year. This is expected to continue in light of its loyal customer base. The site has room for expansion if need be and this could easily be achieved if a new owner wished to employ further personnel as the foundation is already there.

There are many opportunities to grow the business not least through the provision of additional services including re-mapping, tyres fitting or even small minor bodyshop repair services.

Laser tracking is another area for growth as the business does not offer this service at present.

The business does no advertising and could certainly expand this activity with a more proactive approach.The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.

Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise preferring to rely on word of mouth recommendations and referrals to generate business. It has no website at present.

The company’s membership to The Good Garage Scheme gives the business added exposure.