Reputable MOT Centre based in Newcastle-Upon-Tyne

Newcastle Upon Tyne, Tyne and Wear
REF: S07045

Asking Price:
£80,000
Annual Turnover:
£80,000
Annual Net Profit:
TBC
REF: S07045

Overview

Tenure:
Leasehold
Established:
2012
  • Well-Established
  • Loyal Customer Base
  • Highly Qualified and Professional Team
  • Minimal Competition from the Surrounding Area
  • Purpose Built MOT Centre

The business for sale specialises in a full range of garage services including MOT’s, tyre and diagnostics. Well-established and well-respected, this is indeed the one-stop-shop for garage enquiries relating to all aspects of repair and servicing. For over 30 years, the business has made a household name for itself in the local community, garnering a fantastic reputation generated from their loyal clientele.

Established in 1990, the garage has ample years of trusted experience, operating in an ideal location with excellent visibility and passing trade. They can boast a high turnover and net profit, given the minimal competition in the area from other MOT centres. The business has enormous scope for continued growth as the garage is taking on new clients daily – without the current need for advertising.

In terms of the clientele, the garage attracts private customers, residents and local service stations who cannot offer MOTs.

The business is set in a large high-quality commercial unit. The unit has a large roller shutter door to allow for easy access for vehicles. Inside, there is 1 MoT bay and 3, two-post lifts. Secure storage for vehicles left overnight is guaranteed at the premises. To the left-hand side, there is a small reception area used to greet clients and take payments. The business also has a small car parking area to the front. The MoT`s are £35.00. The garage also offers diagnostics, servicing using top quality non-genuine parts or genuine manufacturer parts if the customer requires.

Online, the garage has an active presence on Facebook and 5-Star reviews on Google. Known for their friendly, reliable and professional service, the business for sale has a genuine following from repeat customers, which would provide the owner with a robust platform to take over.

The current owners are willing to stay on for a transitional period to help familiarise the new owner to the business operations.

This is the perfect opportunity to acquire a lucrative business with a reliable infrastructure and impressive financial figures. The business can boast a high-quality unit with plenty of scope for the future.

Ideally, this business would suit someone experienced in the motor industry, business-minded, looking for their next move to progress in their career. The ideal buyer could also be a corporate chain looking to add the garage as a bolt-on accessory and access more revenue.

For further growth, the new owner could consider increasing their advertising both online and locally. They could extend the opening hours and proactively seek more service centres to subcontract their MOT’s.

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  • No local competition
  • Other complimentary businesses nearby
  • Public transport access
  • On-site parking
  • Nearby parking
  • Residential area
Rent
£17,000
Rates
TBC
Lease Term
15
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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