Established Garage/MOT Centre in Ponteland

Newcastle, Tyne & Wear
REF: 02306

Asking Price:
£134,999
Annual Turnover:
£153,000
Annual Net Profit:
£29,000
Reduced
Recently Sold
REF: 02306
Photo of Established Garage/MOT Centre in Ponteland
Photo of Established Garage/MOT Centre in Ponteland
Photo of Established Garage/MOT Centre in Ponteland
Photo of Established Garage/MOT Centre in Ponteland

Overview

Tenure:
Leasehold
Established:
2004
  • 10 years of providing motor & transport care.
  • Low overheads and solid turnover
  • In-house team of qualified professionals
  • Brilliant location with heavy footfall
  • Loyal customer base

All vehicle owners understand that owning a vehicle comes with maintenance and running costs which can be very problematic. So it is important that you know a well established garage/car centre which will guarantee to fix any vehicle problems that arise, quickly and at a reasonable price.

This garage has a large customer base and solid reputation because of the range of services it provides.

Its large turnover and low overheads make this a great business opportunity for potential buyers.

Whether you roll into the garage with a flat tyre or are towed in because your car won’t start, the technicians are on hand to offer their help for problems of all sizes and are guaranteed to find a solution. Aside from repairs, the business also performs Class 4 MOT Testing and is often the first stop for those local residents in need of MOT testing and renewal.


The complex is a large, clean area with ample car parking spaces for customers which allows for easy access to the workshops and ramps inside the premises. The double glass doors at the front of the building allows direct access to the bright client/customer waiting room and office space where they can schedule MOT tests and inquire about their vehicle requirements.


The information boards, signage and clean workshop environment make this an inviting place for passers-by and the premises include a storage unit to the left of the main workshop.

Intelligent Business Transfer are delighted to have been given the opportunity to manage the sale of such a well-established business that provides a profitable opportunity for a motivated individual with the intention to further grow the business.


With over 10 years experience of catering for the population of Newcastle, the business has gained a huge customer base who are responsible for generating the company’s £150k annual turnover.


A new buyer could potentially increase business hours by opening on weekends, which could immediately bring in those customers unable to journey to the garage during the week due to work commitments etc. As well as this, the company only has two mechanics and one MOT tester on site. By employing more qualified individuals, they could effectively handle a larger workload and bring in more customers.


Whilst the current business has grown continually every year, it has done so without an online presence. Establishing a website or managing social media accounts to showcase the work the garage does and lists prices etc. could effectively increase exposure and draw in new customers.


The owner has approached Intelligent Business Transfer to find a suitable buyer who will look to grow the business further and continue to provide excellent customer service to the local inhabitants.

Location

Property

Annual Rent
TBC
Annual Rates
£2
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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