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Business for sale in United Kingdom - Al092-freehold motor engineers mot,services & repair,tyre sales-north east

Asking Price: 550,000 £ Real Estate: Ownership
Sales Revenue: 517,000 £
Net Profit: 1 £
Year Established: 1975
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/North East

Business types:

Services

Business categories:

Auto Body Shops ; Auto Repair Shops ; Repair; Repair Services

Business description

Established over 35 years ago, the main services the busines provides are repairs, mot’s up to class 7 vehicles, servicing up to 5 ton plus tyre sales. this business has been steadily expanding, the investment the owner has put back into the company has certainly paid dividends, which offers someone a superb commercial opportunity to purchase this business. the company prides themselves on delivering an efficient local friendly service, the freehold premises provides excellent garage facilities and is conveniently located close to major town & city centres and is also near to the main motorway link for the north east. the garage offers a healthy split, catering for both private and trade business, with regular daily business received from approximately 30 account customers, some being well known blue chip company names. equipment: all the machinery and equipment is part of the asking price for the business, and includes; 5 x 2 poster ramps 1x 4 poster ramp repair pit airguns all tools air lines 2 x tyre machines ( 1 up to 26” diameter – one man operator) 10 ton hydraulic press 2 x wheel balancers jacks/trolley jacks hose reels hot water power wash – for engines mot gas analysers( both diesel & petrol) air conditioning machine engine hoist battery booster 2 x compressors pick up truck mercedes 700d breakdown truck, with power lifts skoda pick up escort van peugeot van citroen estate office furniture basic computer system key strengths: this is a well run and established motor engineers business, which has an excellent daily order book. At any one time the highly skilled and trained staff can work on up to 8 vehicles housed inside the workshop. the business handles many different types of jobs and has on hand superb up to date equipment, giving the garage a flexibility much appreciated by its customers. a quick and efficient recovery service is available for customers, using the businesses own breakdown vehicles. If needed there is also a very useful lock up compound, which can house up to 15 vehicles at any one time. the premises are fully secured by an alarm system, while the main garage building also has the benefit of recently upgraded steel shutters. growth, expansion and opportunities there is land at the side of the garage, which with the permission of the current owner could possibly allow for expansion of the business. the garage is located in close proximity to the local motorway and there is a possibility to tender for the motorway call out business. at present the garage and its call out service is only available from 8.00am – 5.00pm. A twenty four hour call out service could be offered with the added benefit that the garage already has an idle lock up compound for overnight storage of vehicles.

Additional information

Additional information: Not Disclosed
Support & training: The current owner would be keen to help for a suitable period of time.
Reasons for selling: The owner would like to retire.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: Freehold garage occupying two floors of circa 4,150 sq.ft. The first floor comprises of a useful store room and administration office. The ground floor houses the main workshop including pit area, a staff rest room, a rear store room and three interconnecting offices. Outside is a large forecourt/ parking area and adjoining is a large lock up compound with room for approx. 15 vehicles.

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