LEASEHOLD MOT SERVICE AND REPAIRS GARAGE

Price:

Leasehold - £125,000

Seller Ref:

2099

Location:

West Midlands

Business Type:

Motor & Transport Businesses for Sale

See Other:

Garages for sale in West Midlands
Mot garages for sale in West Midlands
Motor & transport businesses for sale for sale in West Midlands

Description:

THE BUSINESS:

LEASEHOLD MOT SERVICE AND REPAIRS GARAGE
Highly regarded by the Good Garage Scheme (high referrals)
Advised turnover £400,000 PA with good gross profit returns
2 x MOT class 4 lanes with large service repair space
Early interest and viewing is highly recommended
Scope for further development
LEASEHOLD

Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional leasehold MOT, service and repair garage which was first established by our client in 1999. Our client is only now placing the businesses onto the market due to his strong desire for a lifestyle change and to pursue semi-retirement. The business which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £400,000 pa which is derived from offering first class MOT, service and repair services to a wide range of customers throughout the year. The garage has a healthy split of private and contract customers and is exceptionally busy all year round. The business has an excellent rating on the Good Garage Scheme website which refers work to the garage with countless good customer reviews and highly favourable ratings. The business boasts 2 MOT class 4 lanes which share a rolling road. The facility is sizable and can store 30+ vehicles if filled. There is a large reception with waiting space, large open plan garage with staff room and toilet facilities. The main access is through the estates secure gate system and offers large off road parking facilities. The business has always enjoyed excellent levels of repeat trade with repeat customers visiting for many years. The business also sees a good amount of new customers from countless recommendations and from the highly visible trading location. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest and viewing of this very successful garage.

Lease Terms:

Leasehold Original length: 5 years Remaining: 2 years Rent: £3,000pcm