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Finance And Services:

Business For Sale. Motor Vehicle Workshop With Atl Mot Test Lane, 3d Alignment Lane & Tyre Bay

LISTING DETAILS
Firms For Sale ID:
34655
Vendor reference:
AL243
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£199,000  
Turnover / revenue:
£236,000
Net profit / cashflow:
£69,000
Years established:
25
Number of employees:
3
Employees / staffing:
The vendor works full time within the business. The business employs a full time Mechanic/MOT tester, a part time Receptionist and a part time office administrator who looks after finance. All staff are experienced and real assets of the business.

OTHER DETAILS
Reason for selling:
Having spent many many years within the motor trade the vendor now wishes to take early retirement.
Support and training:
The vendor would be happy to provide a comprehensive handover as required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
In its own right the business is very well known and accessible being ideally located on busy industrial estate site that is close to the town centre and local businesses. The site comprises a large modern high bay workshop (circa 3100 square feet) with 3 ramps, MOT Lane, tyre fitting bay, offices, reception, toilets, kitchen and secure storage. There is a large parking area and forecourt to the front. Premises are leasehold. Rent circa GBP 16,000 p.a. Rates circa GBP 5,500 p.a. Site is alarmed and has CCTV.
 
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BUSINESS DESCRIPTION
Superbly Appointed Motor Vehicle Workshop with ATL MOT Test Lane, 3D Alignment Lane & Tyre Bay
Ref. AL243
Location : Wirral, Merseyside
Asking Price : GBP 199,000
This very well established business provides a comprehensive workshop and tyre fitting service for motor vehicles/cars and light commercial vehicles within a 15 mile radius of the town location it resides in.

Established over 25 years, the business has built up a sterling reputation in the area over this time for providing full repair, servicing, maintenance, tyre-fitting, alignment 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 in the area 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 an active client base of in excess of 2000 regular customer visits p.a., many of whom span generations of the same family. The business has an excellent split of clients and has regular business customers that ideally compliment its private customer based .Approximately 70% of current revenues are generated via private customers.

The garage is fully equipped for purpose and plant includes:

Dedicated Class 4 leading ATL MOT bay
New 3D Alignment Lane with wheel free lift
Fully equipped tyre fitting bay
2 off 4-Tonne Gantry Lifts
Full diagnostic equipment
Range of specialist tools, air conditioning equipment, compressors etc
Fully equipped ofices with PC equipment

The workshop is fully equipped with the latest diagnostic equipment for all makes and models including performance and prestige. It currently undertakes circa 7 MOTS a day.

Expansion Potential
The business has enjoyed steady growth over the years and produces impressive profitability. This is expected to continue in light of its growing and loyal customer base as well as with the recent introduction of further equipment including the new 3D Alignment Lane and the tyre fitting bay that provides the business with further revenues streams which are already evident. The workshop has the capacity for increased revenues and this could easily be achieved if a new owner wished to employ further personnel as the foundation is already there.

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 already in place.