The Business Partnership are very pleased to be marketing for sale this highly profitable MOT and Service Centre. Occupying leasehold, modern and extremely well equipped premises (527m2 – 5669sf) on this central Midlands commercial estate, the business has built an enviable reputation for MOT and servicing of larger, long wheel base vehicles as well as the usual cars and light vans. The fully equipped work shop includes ramps/lifts, a tyre fitting bay and is air-conditioned.
Turning over in excess of £800k and generating GP of £380k and adjusted Net Profit of £214k, this business was established in 2000 and moved into larger premises a few years later as the business grew. The introduction of larger ramps and increased space has allowed more specialist work to be carried out and they now offer Class IV, V and VII MOT's. The over-size ramp allows work to be carried out on larger vehicles, one of the few businesses in the region with this capacity. They therefore have the capacity to lift the larger vehicles such as motor homes even up to 6.5 metre wheelbase. This opens up the market to fleet/lease work and a growing number of business accounts customers.
There remains an extensive, growing market place for the kind of specialised work carried out by this business. Through a comprehensive marketing campaign, together with increased recruitment effort, further growth to £1 million turn-over and beyond is readily achievable. Our client believes that under new ownership, with renewed enthusiasm, additional contacts and resources, the potential for this business is very exciting. They reluctantly offer the business for sale to pursue lifestyle opportunities now available to them.
This is a strictly confidential sale. For further information please click through or contact The Business Partnership, North Birmingham office directly.
Highly Profitable MOT & Servicing Station
Modern 5669sf Premises in Central Midlands
Over-Sized Ramps - Class IV, V & VII MOT Capability
Growing Fleet/Lease Work & Business Accounts
T/O > £800k ANP £214k
Genuine Reason For Sale!!