Reputable Garage and MOT Centre in Oxfordshire

Banbury, Oxfordshire
REF: S07613

Asking Price:
£350,000
Annual Turnover:
£232,139
Annual Net Profit:
£64,533
REF: S07613

Overview

Tenure:
Leasehold
Established:
TBC
  • Fantastic reputation​
  • ​Loyal customer base​
  • ​Spacious premises​
  • ​Friendly, experienced team​
  • ​Wide variety of services​

This is a great opportunity to purchase a busy garage and MOT centre operating in Banbury, Oxfordshire since 1954.​

The family-run business is a one-stop-shop for all car servicing and repair, MOTs and used car sales. Having taken over the business in 1985, the current owners have led the business to great success, known for its high quality services and phenomenal value for money, particularly for its long wheel base MOT ramp and MOTs for class 4, 5 and 7 vehicles, as there is low competition in the area for this.​

With a well-equipped premises in a residential location, the business benefits from a consistently high workload, setting any new owner up for future trading.

The business operates from a sizeable premises which houses a fully-equipped workshop. Upon entry, there is an office and waiting area to the right, with toilets further on to the left. A hallway leads to a door opening on to the workshop which contains 4 ramps and an MOT ramp. Stairs to the left lead to an office/storage room overlooking the workshop. The workshop is secured with 3 roller shutter doors. The stock included refers to consumable materials and does not include used car stock, which an interested party could purchase separately.

Operating a professional website which outlines its services in detail, as well as a brief history of the business, the garage affords great online exposure, with superb reviews on both Google and Facebook.

A perfect business opportunity for a current garage owner-operator, vehicle or car-related business, a new owner would benefit from a business with all workshop tools included in the sale, as well as a returning client base.

The new owner could create additional social media platforms, promoting special offers to draw in new custom. Alongside its current tyre sales, the garage could also widen its offering to sell other items in order to boost profits further.

The existing owner is happy to stay on for a transitional period in order to hand the business over smoothly.

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  • On-site car parking
  • Residential area
  • Rural setting
  • Village location
  • Close to local businesses
Rent
£34,000
Rates
£14,000
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
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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