Well-established MOT and Service Centre in Nottinghamshire

Worksop, Nottinghamshire
REF: S07708

Asking Price:
£79,500
Annual Turnover:
£65,203
Annual Net Profit:
£17,895
REF: S07708

Overview

Tenure:
Leasehold
Established:
2013
  • Excellent reputation
  • Loyal customer base
  • Spacious, well-equipped premises
  • Equipment included
  • Low overheads

Newly added to the market is a well-established and reputable MOT and service centre for cars in Nottinghamshire.

Trading for over seven years, the business has established a strong reputation amongst residents in the surrounding area and has consequently developed a roster of loyal, repeat clientele which will significantly benefit the buyer.

Above all else, customers appreciate the professionalism, reliability, and courteous nature of the staff. The company prides itself as a family business which possesses over 30 years of industry experience, succeeding in its vision of creating a welcoming, friendly garage that feels approachable to all vehicle owners.

The garage is perfectly located on an industrial estate and is surrounded by other local businesses, a supermarket, and fast food outlet, all of which result in excellent levels of footfall and consequent trade.

The business is based from its spacious warehouse unit in the residential town of Worksop in Nottinghamshire.

Customers enter the premises from the left of the unit, through a small office which features a reception desk and seating for two waiting clients. From here guests can see into the workshop and enter this space through an access door. To the left of the door inside the workshop is the W/C, kitchen area, and a large store room. The workshop itself consists of access platforms for raising the vehicles and three other bays for conducting repairs. Vehicle access to the workshop is done through a large rolling shutter door located at the front of the unit.

All equipment is included in the sale price, therefore ensuring the buyer will have a smooth and successful start to their ownership Unfortunately a transitional period is not available with this sale.

The ideal buyer for this excellent opportunity would be an experienced car mechanic or an existing owner of another MOT and service centre. This business presents itself as a great chance to advance the buyer’s career or take their business ownership to the next level through managing larger premises.

Although the business has enjoyed strong success already, there are measures that could be taken to develop the business further. The new owner may wish to provide additional services to clients, such as the fitting and repair of tyres and exhausts, in order to create additional income streams. The business would likely benefit from extending its opening hours to increase overall capacity and provide flexibility for drivers. The buyer could also consider working in partnership with local car dealerships to effectively gain more clients, or implementing an advertising campaign to increase brand awareness.

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  • No local competition
  • Close to local businesses
  • High footfall
  • On-site car parking
  • Nearby car parking
Rent
£9,500
Rates
£0
Lease Term
5 years
Lease Expiry
December 2023. Landlord is happy to negotiate longer lease
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

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

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