Freehold Approved MOT And Mechanical Repair Garage For Sale

7/wk

Freehold Approved MOT and Mechanical Repair Garage -Rolling ramp for MOT, 2 hydraulic post lifts
Freehold premises value £220,000
Ref.AL224
Location Isle of Sheppey
Asking Price: £325,000 inc. Freehold value £220,000

Asking price includes:

Turnover circa 138,802 per annum
Gross Profit circa £81,156
Net profit circa £28,265
EBITDA £37,153
Class 1, 2 4 & 7 for MOT
Appointed Vehicle Operator Services Agency (VOSA)
Vehicle diagnostic equipment
The vehicle centre provides high quality MoT testing within a professional environment. This is a profitable business which has performed consistently well throughout its years of operation due to the quality of workmanship.

The team provides high quality MoT testing, diagnostic services and repairs and has a professional approach to repairing customer vehicles to MoT standard.

The future outlook for this sector is on going with Mot’s and maintenance repairs in constant demand. The centre has an excellent reputation and receives many referrals due to the quality of service with all tests completed by MoT testers nominated by VOSA.

Facilities:

The premises are freehold are included in the asking price and we are advised that the market value is circa £220,000. Based in the Isle of Sheppey, the premises are circa 2,900 sq. ft. with offices. The workshop comprises 2 hydraulic post lifts and a rolling ramp for Mot’s which are offer for class 1, 2, 4 and 7. Rates are £910 per annum.

Competition:

The business has its own website for promoting its services, but undertakes very little marketing. Most business is gained through word of mouth reputation.

Growth Potential:

The business provides an excellent platform for future growth, possibly through additional marketing.

Sale Reason:

The vendor now wishes to emigrate.