Car Dealerships for sale in Spalding

View the "Highly Reputable Garage with MOT Centre" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Highly Reputable Garage with MOT Centre

Spalding, Lincolnshire, England

  • Leasehold Price: £119,999  Price Reduced arrow_drop_down
  • Turnover: £101,951
  • Gross Profit: £41,631
Seller Reference: 14064 I
Request DetailsEmail email
Business Description
Image 1 of 4 video_library
Seller Reference: 14064 I
Request Details
Business Description
Hilton Smythe welcomes to the market B & M Autos, which was established by the current owner in 2000, who is looking to go into a well earned retirement.

The garage specialises in vehicle sales, servicing, repairs and MOT’s of any vehicle make and model. With a good repeat client base and a high level of word of mouth recommendations to new custom.

MOT’s are currently carried out off site, however, there is a licence for MOT’s on site, offering huge potential to boost turnover.

As the owner is looking to move into retirement, there has not been investment in a website or social media pages, a serious consideration for the purchaser to promote the assets of the business to new custom.

Hilton Smythe highly advise early viewing to avoid disappointment.

B & M Autos is located in Surfleet, just outside of Spalding within Lincolnshire.

The garage is located next to a café, which is open 7 days a week and opposite St. Laurence Church bringing good footfall to the area.

There is parking for numerous vehicles on the garage forecourt and there is a bus stop directly outside the garage.

Outside to the front of the premises is a large courtyard for car sales, this courtyard leads to the side via double gates to a further yard for storage or car sales, this yard leads to the side doors to the rear service area.

The garage is entered from the front by a door to the reception and double concertina doors to the front service area. This service area has the licence for MOT’s and a two post ramp, there is access from here to the reception and to the rear service area.

The rear service area has a further two post ramp and gives access to a large storage area and toilets.

The reception has the office off and leads to the staff room/tea room.

We are advised the business is being sold as a leasehold business opportunity.
The lease is currently on a rolling lease arrangement, and the landlord will be looking to grant a new lease to the new owner of the business.
The current owner has paid £7,000 per annum rent for the last 17 years, however, we are advised the rent will increase, currently we do not have a full indication as to how much this will increase by and is to be negotiated with the Landlord.

The business opening hours:

The business is run and managed by our client, with the help of a part time member of staff, this is due to the owner looking to retire.

Financial Profile
B & M Autos generated an advised turnover of circa £102,000 as of the 2017 accounts, with a gross profit of around 40%.

Listed by:
Request Details

Find out more about this business opportunity.


Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image