Highly Reputable & Profitable Distributor of MOT Garage Equipment for Sale

Taunton, Somerset
REF: INT2551

Asking Price:
£300,000
Annual Turnover:
£700,000
Annual Net Profit:
£72,863
REF: INT2551
Photo of Highly Reputable & Profitable Distributor of MOT Garage Equipment for Sale
Photo of Highly Reputable & Profitable Distributor of MOT Garage Equipment for Sale
Photo of Highly Reputable & Profitable Distributor of MOT Garage Equipment for Sale
Photo of Highly Reputable & Profitable Distributor of MOT Garage Equipment for Sale

Overview

Tenure:
Relocatable
Established:
2006
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Low Overheads
  • Secure Contracts

This is a great opportunity to acquire one of the UK’s major independent distributors of garage equipment and MOT test equipment.

The business specialises in vehicle inspection pits, MOT test equipment packages, brake testers and prefabricated MOT buildings. They have built close relationships with various MOT garages in the surrounding areas and beyond, with an impressive client base.

With impressive turnover margins increasing by 300%, this company is a highly profitable venture, alongside a large number of returning customers and a stellar reputation - their clientele spreads across the UK, and comprises a number of website leads (from SEO/PPC/marketing campaigns), word-of-mouth recommendations and loyal, returning clients.

The accounts of this business do not reflect actual sales as most of the work is in progress – it is estimated actual work ‘in-hand’ this financial year to increase by 25% over last year’s actual sales.

The business is fully relocatable and would be easily run from a home office - it has been owner-managed by husband and wife.

As mentioned, the accounts don’t reflect actual sales as most work is in progress. From April 20 to September 2021, actual sales with full payment made to Lucasaide-Gems was approximately £700K (invoices can be supplied).

Additionally, they have 2 prefabricated Steel MOT Workshop Buildings fully kitted out with MOT equipment at £250K – in progress and paid for. The figures listed above are facts and not estimates.

There is large scope for this highly profitable business to continue growing and expand its horizons. The business would benefit from continuing to build strong relationships with suppliers, being exclusive stockists and securing contracts with MOT garages across the UK.

There is also a self-contained e-commerce business that is ideal for running alongside this business.

Additionally, to grow their client base they could continue implementing a variety of marketing strategies, building upon existing campaigns that have been a success and also developing their social media channels.

Features

Online Presence

Location

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  • Home Based
  • City Centre Location
  • Close to Local Businesses
  • Limited Competition

Financial & More

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