Garages for sale in Banbury

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

Popular MOT Centre in Oxfordshire

Banbury, Oxfordshire, England

  • Leasehold Price: £170,000
  • Annual Turnover: £230,000
  • Annual Net Profit: £100,000
Seller Reference: S05908
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Business Description
 
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Seller Reference: S05908
Request Details
Business Description

Intelligent Business Transfer is pleased to offer for sale this successful automotive repair and servicing business in Oxfordshire.

The MOT centre has successfully grown over the years because of the loyal service they have provided and the satisfied customers they have retrieved. As the reputation grew, so did the business, with the majority of customers coming from word of mouth or referral. The company’s high net profit is a key provenance for the business. The net profit is £100,000 of which £40,000 is from taxi inspections for Cherwell council and is paid in cash – providing a healthy stream of revenue.

Despite these firm foundations there still exists a number of opportunities for growth.

Through expanding the range of services, the business could attract further patronage and there is greats scope to offer body paint work and valeting services.

A new buyer could also introduce used car sales to the business, adding another stream of revenue. The website could also be enhanced to include an interactive booking system, allowing customers to view availability of appointments and efficiently book in for servicing.

Intelligent Business Transfer are searching for a suitable buyer. The current owner is willing to stay on for a transitional period of three months, if needed, to help familiarise the new buyer with how the business operates.
Number of employees:
3
Tenure:
Leasehold
Listed by:
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