| (REF: 9798OX) MOT Based Freehold Garage With Excellent Potential |
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| Seller Reference: |
9798OX |
| B4S Reference: |
19639 |
| Asking Price: |
£320,000
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| Net Profit: |
£60,000 |
| Sales Revenue: |
£260,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
21 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Undisclosed, Oxfordshire, United Kingdom |
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Advent Business Sales are pleased to have been instructed to offer to the market this exceptionally well established and profitable mechanical garage.
Founded in 1989 by the present vendor the business is only now being reluctantly offered for sale as he wishes to retire due to his ill health.
The garage has an excellent local reputation with high repeat and referral trade from other satisfied customers.
90% of work is retail based and is focused on completing MOTs, with around 10 completed per day. This ensures excellent base load turnover of circa £115,000 per annum.
Apart from MOTs the garage also carries out servicing and repairs, fits tyres and brakes and exhausts.
The hourly rate charged at £45.50 + VAT per hour is considerably below that of the main dealers.
The business operates a collection and delivery service to suit customer needs and to ensure continuality of work.
All customers are within an approximate 10 mile radius of the premises in Oxfordshire so collection and deliveries are kept to a minimum.
We are advised that stock at cost is circa £10,000.
The garage is fully equipped for purpose and includes:
• A full class 4 MOT bay
• 2 diagnostic sets
• 2 service bays
• 4 poster, 2 poster and scissor lift ramps
• Brake tester
• Smoke metre
• Air conditioning machine
• Tyre changer and balancer
• Gas analyser
• Screw compressor with separate air receiver
• Transmission jack
• 4 wheel laser alignment equipment
REF: 9798OX
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The business operates from 2 industrial units in the centre of a large estate. One unit is leased and the other is owned freehold:
Unit 1 – Leasehold Unit
• Centre door into reception area with two waiting chairs
• Side male and female W/Cs
• Rear kitchen
• Side store
• Rear workshop
First Floor
• Large admin office with archive stores
• Workshop and general store
Unit 2 – Freehold Unit
• Main garage workshop with equipment as detailed earlier
• Mezzanine floor used for storage
• Tyre stores
• Waste oil heating
Both units have full height roller shutter doors and are alarmed. |
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Location: |
The business has an excellent location in the heart of a large commercial estate based in an affluent market town in Oxfordshire.
There is ample parking in front of the units and around the estate if needed. |
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Already clearly a successful garage, it still however offers excellent scope to increase sales and profits by:
1. Installing a motorbike MOT bay
2. Advertising, as none is done presently
3. Carrying out more diagnostic work
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon-Fri: 7.30am – 5.00pm
Sat: 8.00am – 12noon
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The vendor is a qualified MOT tester and works full time in the business. They also employ 2 part time testers who work on an as and when required basis, 2 full time drivers who also double up as MOT assistants and 1 full time employee in the office. |
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