Longstanding Garage Specialising in MOTs, Servicing and Repairs based in Somerset

Cheddar, Somerset
REF: S07031

Asking Price:
£330,000
Annual Turnover:
£164,337
Annual Net Profit:
£62,421
REF: S07031

Overview

Tenure:
Freehold
Established:
1988
  • Well-Established
  • Ample Services Provided
  • Minimal Competition
  • Ideal Location
  • Large Premises

The business for sale acts as a reliable workshop and partner for various kinds of repair in Cheddar, Somerset. They focus on personalised customer service as well as ensuring fair, transparent prices which guarantee high-quality work every time. Armed with the best expertise and advice, the team are proactive in their approach to a vehicle’s reliability, comfort and safety.

Established in 1974, the business has garnered an excellent reputation within the village and receives a significant level of repeat business from loyal clients. The garage offers modern MOT testing facilities within a spacious premises. Based in a famous tourist village, the garage profits from a high turnover and ample passing trade. Over the years, the owners have seen a rise in repeat and regular customers.

The business is for sale on a freehold basis, meaning the new owner has complete control over the future management and business infrastructure.

The front and rear entrance enter the relatively large garage via roller shutter doors. Adjacent is a two-storey office block with a downstairs reception, upstairs office and toilet. The main body of the garage has 3 service bays, 3 ramps plus an MOT bay/ramp, alongside a wide range of testing equipment. The premises is alarmed and asbestos-free.

All repairs are carried out in the workshop, where vehicles are maintained exclusively by highly qualified mechanics. The garage is equipped with state-of-the-art technology, and the technicians are updated with the latest information on developments and new techniques, so premium service is always guaranteed.

The workshop can hold up to 5 vehicles and specialise in MOTs (classes 1, 2 and 4). The business has chosen not to do commercial or trade accounts, but there is enormous potential to implement fleet work.

An inventory list of tools and equipment is available upon request.

The current owner is able to offer a transitional period.

This is a fantastic opportunity to acquire a genuine business specialising in the maintenance and MOTs of vehicles in the Somerset region.

Ideally, this business would suit an experienced mechanic, knowledgeable about the field and willing to invest in taking the company to the next level.

For further growth, there is significant space and capacity to employ more mechanics and to increase the turnover. The freehold premises, including all equipment, allows the new buyer to have complete control over the business, not subject to further payments such as ground rents or service charges. Additionally, the new buyer could open the garage on weekends, implement more marketing and approach commercial clients for contracted work.

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  • Village location
  • Area of outstanding natural beauty
  • Proximity to other businesses
  • Close to main roads
  • Affluent, rapidly developing area
  • Tourist destination
Rent
N/A
Rates
£3,003
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£300,000
Planning
TBC
EPC
C 51-75

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

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