Business
Please quote reference B05134

CoGoGo are pleased to have been given the opportunity to manage the sale of MJ Autos which is a well-established business with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

MJ Autos was founded by the current owners nearly thirty years ago. The business has been a real labour of love for them and has flourished under their ownership and they have an impressive number of regular customers, many of whom are known on a first name basis by the owners who are popular and well respected members of the local community.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to take a well-earned retirement. They are keen to see their beloved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

MJ Autos is an independent local garage serving Pencoed and the surrounding areas. 

The business undertakes Servicing, Repairs and MOTs on all makes of car and offers a comprehensive range of services including:

• MOTs
• Car repairs
• Car welding
• Brakes and shock absorbers
• Air conditioning
• Car safety checks
• Car tyres
• Engine diagnostics
• Car exhausts
• Car servicing
• Clutch replacements
• Engine management
• Mechanical repairs
• Vehicle recovery
• Courtesy cars.

The sale will include the company website (garage-services.co.uk) and Facebook page and the business enjoys great visibility on the internet via websites such as www.yell.com, www.regit.cars.co.uk, www.ukplaces.com, garageguide.theaa.com, etc.

MJ Autos enjoys impressive reviews from the likes of Cyclex, Good Garage Guide and Yell.com

Scope to Improve:

• Advertising and marketing campaign
• Maximise the use of social media particularly twitter and Instagram
• Update the website ideally including an online booking facility
• Extend the opening hours
• Explore online voucher discounters such as Groupon and Wowcher
• Introduce a customer loyalty card/ Scheme
• Expand the car sales side of the business
• Consider van and car rental

Reasons to Buy:

•  A well-established business with an enviable reputation and many existing customers
• All fixtures and fittings included making this a real Turnkey business opportunity
• Ideal owner managed or partnership business
• Current owners would be happy to offer a handover to ensure the continued success of the business
• The business occupies a generous plot which could offer redevelopment potential.

CoGoGo highly advise early viewing to avoid disappointment.

This great little business is likely to attract considerable interest

Location
MJ Autos Limited is located in Pencoed, Bridgend in Wales.

Pencoed is a heavily urbanised community and town in the county borough of Bridgend, Wales.

It straddles the M4 motorway north east of Bridgend and is situated on the Ewenny River.

As of the 2011 census it had a population of around 9,170, however due to large developments and new housing estates in the area the population is now expected to be approximately 13,500.

Pencoed as a town developed in the late 19^th century, around the coal mining industry although the mines have now closed. The town is in the Ewenny Valley and is divided by the M4 motorway near Junction 35 although almost all the town lies to the north of the M4. About 2 miles north of the town, the upland relief of the South Wales Valleys starts. To the south are the rolling countryside of the Vale of Glamorgan and the rugged north coast of the Bristol Channel.

MJ Autos Limited is situated at the end of a privately owned lane and occupies a generous plot. The business is immaculately presented and maintained with clear visible signage.

There is ample free parking immediately outside the premises

Premises
MJ Autos occupies a generous plot and the business comprises of several single storey buildings that are presented and maintained to the highest possible standards and briefly comprises:

• MOT Bay

Detached brick built building with pitched roof, fluorescent lighting, roller door to front, rolling road, brake tester and mot testing equipment, inspection pit.

• Workshop

Roller door to front, fluorescent lighting, two poster ramp, diagnostic equipment and perimeter shelving.

• Fast Fit Bay

Roller door to front, two poster ramp, tyre machine, wheel balancer and tyre racking.

• Office / Reception

Window to front, tiled floor, space for desks, filing cabinets etc.

• Externally

There is a generous yard which offers car sales possibilities, ample car parking and the access lane to the business is owned by the vendors and included in the Freehold.

Tenure
We are advised that that the business is being sold as a Freehold business opportunity.

The business benefits from being exempt from business rates.

Hours
Monday to Friday 8-5

Saturday Closed

Sunday Closed

Staff
The business is run and managed by our two clients with the help of one full time members of staff.

Financial Profile
MJ Autos generates an advised current turnover of circa £233,000 as of the 2019 accounts with a net profit of £30,699.

Please quote reference B05134