Freehold MOT Garage Fuel & Car Sales Business For Sale

Business description

Advent Business Sales have been instructed to offer for sale this 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.


ref:8782CV

Property information

Property:

Freehold

Lease terms:

TENURE: Freehold

We are advised that the annual business rates are currently: £1200 business, £1000 residential

Living accommodation:

The premises is split into two areas, firstly, a freehold MOT station and garage and a 3 bed living accommodation to the first floor. Ground Floor - Yard to front – parking for 15 cars - Outside w/c with hand basins - Office equipped with desks, computers and waiting area - MOT bay - Roller shutter door, brake tester - Latest type inspection area - 2 x MOT bay, 1 x 4 poster, 1 x rolling road - Fully equipped with latest diagnostic equipment - 1 x 2 post servicing bay - Tyre bay - 2 offices to first floor - Staff area First Floor - Separate external entrance to first floor apartment, decorated to a high standard - 3 x ensuite double bedrooms - Living room - Fully fitted modern kitchen and diner

Location:

Our client is located in a very affluent village in Warwickshire on the busy main road near Rugby.

The residential dwellings in the village itself are well above average in both size and value due to its location and popularity.

The only other business in the village is a popular pub, therefore the owner benefits from a monopolistic trading position.
There are excellent road networks linking the nearby town of Rugby and the city of Coventry within easy travelling distance.

Other information

Expansion potential:

The business offers tremendous opportunities of scope and potential for any new owner.

This could include opening more days, adding a retail shop, possibly a convenience and off licence as the village has no shops.

Increase car sales as the demand, especially for 4 x 4 vehicles is very high.

Overall any new owner who works in the business would realise a very high net profit margin.

Trading hours:

Mon – Fri: 8.00am – 5.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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• Sales paticulars