Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Freehold Sales, Service Mot Centre For Motor Scooters For Sale

West London, London
Asking Price:
£800,000
Sales Revenue:
£267,000
Cash Flow:
Available on request

Available for sale is this family business set up over 49 years ago, along with the freehold premises and first floor flat, situated above. The business provides a comprehensive workshop service for motor motor scooters and motorcycles within the busy WestLondon area that it is located within. The business has built up a sterling reputation in the area during this time and provides, full repair, servicing, maintenance, tyre-fitting and MOT testing services to the local community and beyond.
Some customers over theyears have moved tofar parts of the UK and will return for their servicing or to purchase a new scooter.
This profitable business has established itself as a market leader in the region with an enviable reputation for quality and service. Because of 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, many of whom span generations of the same family. The majority of clients are domestic customers but the business does have a few business clients also.
The garage is fully equipped for purpose and plant includes:
• Full diagnostic equipment
• Range of specialist tools
The vendor has an excellent team of mechanics who run the business on a day to day basis. 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 close to the centre of London and also having ample parking so customers can leave their Scooters & Motorcycles and pick up at a conveneient time later in the day if need be.
Equipment:
The garage has a comprehensive range of plant and equipment as you would expect from a very well established workshop. All plant and equipment is included within the sales price.
Customer Service:
The business offers an excellent standard of service and is proud of their attention to customer care offering professional advice and high quality workmanship. This is evident in the very high levels of repeat business the garage enjoys and the fact it does not need to advertise.
Key Strengths:
The business has many strengths including
• Enviable reputation in the area it serves
• Huge customer base
• Exceptional levels of service
• Repeat business levels and referrals
• Significant investment in infrastructure
• Highly skilled workforce
• Freehold premises
• Location
Location
The business is very well located and is on a main West London throughfare, providing easy access to Fulham, Chelsea, Central London, Thames bridges and South London areas of Putney, Barnes, Battersea etc.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover of c. £267,000 per annum*
Gross profit c. £39,000*
Stock Assets c.£50,000*
*2017 accounts
Current stock levels are estimated to be circa £50,000, consisting of spare parts, tools and equipment.
The first floor flat is estimated to have a value of circa £600,000 - £650,000

Property information

Property:

Freehold

Living Accommodation:

freehold premises and first floor flat, situated above

Premises Details:

Premises are a real strength of this business. Ideally located on a discrete and busy West London road and a busy thoroughfare in its own right, the business is very accessible. The workshop, retail, storage and office is circa 400 square feet with a parking & forecourt display area at the front of the shop.
Premises are Freehold.

Business Operation

Competition / Market:

The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a large and loyal customer base.
There is however a comprehensive and attractive website detailing the products, services and facilities offered.

Reasons for selling:

Genuine retirement sale.

Trading hours:

Monday – Friday: 08:00-18:00
Saturday: 08:30-15:00

Employees:
03
Years established:
69

Other Information

Support & training:

The current owners would be happy to provide full training and support at handover. This should be a relatively simple process as the vendors have put in place a General Manager who runs the business on a day to day basis.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Turner Butler. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here