Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Motor Vehicle Workshop With 2 Mot Test Stations (class Iv & Vii) & Tyre Bay

LISTING DETAILS
Firms For Sale ID:
33495
Vendor reference:
AL229
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£175,000  
Turnover / revenue:
£320,000
Net profit / cashflow:
Undisclosed
Years established:
1973
Number of employees:
4
Employees / staffing:
The vendor works part time in the business through choice, overseeing the operation. The business employs a full time General Manager who runs the business on a day to day basis as well as 3 full time mechanics/MOT testers and a part time workshop assistant. All staff are highly experienced and real asset of the business.

OTHER DETAILS
Reason for selling:
Having spent the last 40 years within the motor trade the vendor now wishes to retire.
Support and training:
The vendor would be happy to provide full training and support at handover. This should be a relatively simple process as the vendor has in place a very experienced General Manager who runs the business on a day to day basis.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Motor Vehicle Workshop with 2 MOT Test Stations (Class IV & VII) & Tyre Bay
Ref.AL229
Location North Wales/Chester
Asking Price GBP 175,000
This very well established business provides a comprehensive workshop and tyre fitting service for motor vehicles/cars and light commercial vehicles within a 25 mile radius of the village centre location it resides in.

Owned by the current vendors for the last 40 years, the business has built up a sterling reputation in the area over this time for providing full repair, servicing, maintenance, tyre-fitting 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 region 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 some 2,600 regulars, many of whom span generations of the same family. The business has an excellent split of clients and has some 30 regular business customers with fleets of vehicles that this company maintains on their behalf.

The garage is fully equipped for purpose and plant includes:

Dedicated Class 4 & Class 7 MOT bays
Fully equipped tyre fitting bay
5 Ramps
Full diagnostic equipment
Range of specialist tools
The vendors have an excellent team of staff including a General Manager, who runs the business on a day-to-day basis, so much so that the vendors are not required to work in te business. Staff 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 the major routes in the area with direct links to Chester, Liverpool and Manchester. The buisness is also close to some of the major business parks and key employers in the area, which enables the business to collect and deliver vehicles quickly and efficiently. There is ample parking so customers can leave their cars and pick up at a convenient time later in the day if need be.

Expansion Potential
The business has enjoyed steady growth over the years and now consistently produces impressive profitability year on year. This is expected to continue in light of its growing and loyal customer base as well as with the introduction of the tyre fitting service (introduced just over a year ago). 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. We are advised that there is spare capacity within the current infrastructure to accommodate another 50% of revenues.

The tyre sales/fitting operation could easily be grown as this currently accounts for just 10% of overall sales.

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

The business does limited 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.