Long-Standing MOT Service & Repair Centre in Loughborough

Loughborough, Leicestershire
REF: INT1886

Asking Price:
£169,500
Annual Turnover:
£295,000
Annual Net Profit:
TBC
REF: INT1886
Photo of Long-Standing MOT Service & Repair Centre in Loughborough
Photo of Long-Standing MOT Service & Repair Centre in Loughborough
Photo of Long-Standing MOT Service & Repair Centre in Loughborough
Photo of Long-Standing MOT Service & Repair Centre in Loughborough

Overview

Tenure:
Leasehold
Established:
1980
  • Excellent Reputation
  • Friendly & Professional Team
  • Equipment Included
  • Spacious Premises

We are delighted to welcome to the market this fantastic opportunity to acquire a long-standing MOT service and repair centre, which has an ideal location in Loughborough.

The business was first established in 1980 and was bought by the current owner in 2012. Under the present ownership, the business has grown considerably, whilst also building up a loyal, repeat customer base and gaining an excellent reputation for their high-quality services.

The garage offers a wide range of motor services, including class 4 MOTs, servicing options, repairs, diagnostic services, paintwork, air-conditioning top-ups, and much more.

The friendly, professional team are all highly skilled, which should ensure an easy transition for the new owner.

With huge potential for growth and all equipment included, this would be the perfect opportunity for an experienced garage mechanic, who is looking to work as an owner-operator.

The business has an ideal location on the outskirts of Loughborough, on a small industrial park. Based in a brick unit, there is plenty of parking nearby.

Inside, there are 5 ramps, as well as lots of extra space, which could be used for retail sales. There is also a mezzanine, providing additional storage. The property has a separate reception, office, toilet, and comes with kitchen facilities. The building is shuttered and has an alarm system, ensuring the premises are incredibly secure.

All equipment is included in the sale, which should ensure the new owner can begin work immediately following the acquisition. All the assets are valued at around £60,000.

The current owner is happy to offer an initial transitional period, in order to ensure there is a smooth and efficient business handover.

This thriving business would be the perfect opportunity for an owner-operator, who is an experienced garage mechanic.

There is huge potential for growth with this business, as there is a massive opportunity to expand into tyre sales and begin offering further classes of MOT.

Furthermore, as the business is equipped with 5 ramps and employs 3 members of staff (including the owner), there is scope to expand and take on additional work.

The garage has a brilliant reputation and long-standing trading history, so the new owner can easily continue to build on this.

The business has a popular Facebook page, which acts as an excellent sales window for the business. It would be highly beneficial if the new owner continued to utilise and optimise this online channel. It may be worth creating some additional social media channels and developing a company website.

Features

Key Information

  • MoT Centre: Yes
  • Number of Ramps: 5
  • Painting Area: Yes

Reputation

  • Google: 4.5

Online Presence

  • Facebook: Yes
  • Twitter: Yes

Website: www.ahautos.co.uk/

Location

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  • Close to Local Businesses
  • On-Site Car Parking

Property

Annual Rent
£24,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2023
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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