| (REF: 1831) Mot Testing & Auto Servicing Station In Aylesbury Price Reduced |
| |
| Seller Reference: |
1831 |
| B4S Reference: |
22069 |
| Asking Price: |
£190,000
|
| Net Profit: |
£21,000 |
| Sales Revenue: |
£170,000 |
| Number of Staff: |
1 |
| Established For: |
16 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Aylesbury, Buckinghamshire, United Kingdom |
| |
Business Details
The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £150,000 with a net profit of £21,000 (See financial summary below).
- A business which has just recently been AA approved.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for a Car Dealership requiring an additional MOT and service centre or Car Mechanics/Servicing Centre wishing to expand their business..
- Low rent and rates.
- Very low overheads.
- Business enjoys superb local reputation.
- The concern provides MOT testing, Automotive Air Con Servicing, Tyres and general automotive repairs and servicing.
History
Phoenix Business Transfer Agents are delighted to place onto the market this MOT Testing and Auto Servicing Station which has been established since 1995. The business has been in the hands of the current owner since 1995 and he now wishes to sell due to family commitments.
Services
This very good business opportunity provides MOT testing, Automotive Air Con Servicing, Tyres and general automotive repairs and servicing.
Staffing
The concern employs one full time member of staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
No marketing or promoting of the business has recently been undertaken as the business is well known. The concern does have an established web site.
Competition
As far as competition is concerned there other similar business within the town but none that can boast full AA approval.
Market
The client base consists of private, commercial and contract customers.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings including local and internet advertising.
• The recently awarded AA approval will greatly increase the work flow and profitability.
• Becoming more efficient with staffing levels.
• With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is terraced, part of a parade of shops and is approximately 249.6 square meters. The front is branded with an attractive glass front. There are electric shutters. The main customer service area is carpeted with a customer waiting area which includes a TV and facilities for providing hot drinks and snacks. It is very well presented and is very conveniently laid out. There is a customer toilet and also a shower room for mechanics.
First Floor
On the first floor there is spacious storeroom which could also be converted into additional office space.
External
To the front there is free parking and to the side are designated parking bays for vehicles waiting to be MOT tested.
Equipment with sale
All fixtures, fittings and equipment are included in the sale price and are valued at £65,000.
Financial Details
The present annual turnover is £170,000 with a gross profit of £70,000 and a net profit of £21,000. The wages are £21,000. The present value of the stock is £5,000.
The potential turnover of the business within the next 2 years is forecast to reach £240,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
The original length of the lease was 5 years and is currently on a rolling agreement. The rent is £15,000 pa with a review in 2011. The lease is renewable for a 5 year period or negotiable for longer term if required. The rates are £6,000. |
| |
| |
Current Rent: |
15,000 pa |
| |
| |
Living Accommodation: |
No |
| |
| |
Location: |
- Situated in outskirts of the town centre area of Aylesbury in Buckinghamshire.
- Part of a small industrial estate.
- Excellent free parking facilities and designated MOT parking bays.
- Industrial estates nearby.
- Close to a well populated residential area with schools and other local amenities.
- High levels of passing trade.
- A commercially thriving area.
- Well linked with the A41, A418.
- Hemel Hempstead, Amersham, Chesham, Bicester and Thame all lie close by.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.
|
| |
As far as competition is concerned there other similar business within the town but none that can boast full AA approval. |
| |
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings including local and internet advertising.
• The recently awarded AA approval will greatly increase the work flow and profitability.
• Becoming more efficient with staffing levels.
• With an enhanced website.
|
| |
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
| |
Owner wishes to sell due to family commitments. |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
Monday to Friday: 8.00 am to 5.30 pm.
Saturday: 9.00 am to 2.00 pm.
Sunday: Closed.
|
| |
The concern employs one full time member of staff. |
|
|
