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Asking Price
£850,000
Description
This is a well established and very popular MOT station and garage, together with a superbly appointed living accommodation.
The business has achieved an enviable reputation with a monopolistic trading position since 1968, with the current owners at the helm since 2003.
The vendor has reluctantly decided to sell this highly profitable concern so he can concentrate solely on his other business commitments overseas.
Currently work is turned away but any new owner could dramatically increase sales and further the already high net profit margin by accommodating this work.
The customer database is excellent with a high proportion that has used the garage for years.
The business conducts on average 300 MOT's a month and has all the latest and relevant computerised systems in place.
A high proportion of work is carried out for all the major car dealerships in the area, which provides a very good percentage of regular work.
Our client receives a fair quantity of servicing and repair work.
The owner informs us that the regular workload could justify opening more hours and increase staffing levels.
The business also offers diesel. Sales are approximately 2,000 litres a week.
Our client also dabbles in vehicle sales, which also generates further income.
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