Financial Details
Asking price: £125,000
Sales revenue: £256,368
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed

  • Photograph of this business for sale
  • Photograph of this business for sale
  • Photograph of this business for sale

Business Description
HISTORY

• Established by the vendors over 20 years ago as an independent specialist and MOT station
• Repeat custom including personal, fleet and business customers
• Business based upon service ethic
• Ongoing programme of investment to ensure current legislative requirements are met
• Good local reputation

REASON FOR SALE

Retirement

SERVICES

• Class 1, 2 and 4 MOTs
• Servicing for most makes and models of car
• Servicing and repair work on commercial vehicles
• Mechanical repairs
• Air conditioning service and repairs
• Bluetooth kits fitted
• Courtesy cars provided

CUSTOMERS

• Majority of customers are now repeat business
• Personal customer base drawn from the immediate locality
• Number of commercial clients and business now on the books
• Fleet maintenance contracts with a number of companies
• Loyal

SUPPLIERS

Consumables purchased from a variety of trade wholesalers

STRENGTHS

• Good local reputation
• MOT station is a well known local landmark
• Class 1, 2 and 4 MOTs
• Repeat custom
• Densely populated urban area
• Equipped modern workshop
• Quantity of equipment included within consideration price

Energy Performance Rating: E


DISCLAIMER: Viewing is essential to fully appreciate this business and is strictly by appointment only through the agents. All negotiations must be conducted through Advent Business Sales. Businesses/Properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.

These particulars are provided as a general outline only for the guidance of intended purchasers or lessees and do not constitute all or part of an offer or contract.
All information supplied via Advent is based upon information supplied by the Vendor who has warranted to Advent that all of the information is accurate. Nevertheless, details are given without responsibility by Advent Business Sales Ltd for any or all descriptions, dimensions and reference to condition or value. Intending purchasers should not rely on these details as statements or representations of fact but must satisfy themselves of their accuracy by inspection, by independent advice and/or other appropriate means.
No person representing Advent Business Sales Ltd has any authority to make or give any representations or warranty whatsoever in relation to this or any other property.
General Information
Employees:• Vendor runs the business on a day to bay basis with part time administrative assistance from his wife • 2 Mechanics • 1 Apprentice • 2 qualified MOT testers within the business
Trading hours:• Monday to Friday 8 AM to 5.30 PM • Saturday 8AM to 12 Noon • Sunday closed
Property:Leasehold
Lease terms:• Leasehold • Lease terms TBC
Location:• Located not far away from the bank of the Thames in London
• Off road parking for customers, staff and visitors
• Densely populated area, with good mix of commercial and private customers
• Based on an industrial estate along with a range of complementary businesses
Premises Details:(None of the fixtures and fittings have been checked or tested and a potential purchaser should make their own checks regarding existence and condition).

• Garage and MOT facility, capable of accommodating LGVs, comprising briefly:
o Parking to rear for up to 60 vehicles including LGVs
o Separate male and female WCs
o Reception area
o Main workshop with 2 class 4 MOT bays
o CCTV
o Alarmed
o Oil storage facility
• Equipment comprises briefly:
o 2 x 2 post ramps
o 2 x inspection pits suitable for LGVs
o Specialist diagnostic equipment
o Air conditioning machines
o Sundry tooling
Energy Performance Rating: E
Expansion potential:• Business development activity limited at present • Focus on additional commercial contracts • Utilisation of capacity within MOT bays • Increase in labour rates • Introduction of website • Family acquisition • Introduction of specialist or additional services such as bodywork, tyres, exhausts or class 7 MOTs

Advert Options