Mechanical Services for sale in Leicester

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Well established garage equipment repairs & servicing business for sale

Leicester, Leicestershire, England

  • Price: £39,995  Price Reduced arrow_drop_down
  • Turnover: £66,029
  • Gross Profit: £47,171
Seller Reference: B06103
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Business Description
 
 
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Seller Reference: B06103
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Business Description
Business
Please quote reference B06103

Hilton Smythe are delighted to welcome to the market an outstanding opportunity to acquire on a business only basis a very well-established garage equipment repairs and servicing business with an enviable reputation. The business has been under the careful ownership of our client for over 20 years and has only now been placed on the market as they look to take well-earned retirement.

MA Garage Equipment provides a comprehensive servicing and repairs service for motor industry related equipment, including four poster, two poster ramps and rolling road equipment. In addition, they also provide calibration services on MOT equipment, along with insurance inspections within the motor industry, and covers both HGV equipment and non-HGV testing stations. The business also currently does a small number of sales in terms of equipment within the motor industry, this is something a new owner could pursue to increase turnover.

The business has built up an excellent reputation within the area and further afield for the high quality of services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. MA Garage Equipment would make an ideal bolt on business for a similar type of operator looking to increase their share of the servicing market.

This is an excellent opportunity for a new owner to take this already popular and well-established business to the next level, therefore early enquiries must come highly recommended to avoid disappointment.

Location
The business is currently located in Leicester and covers Leicestershire, Warwickshire, Northamptonshire, Derbyshire, Nottinghamshire, Staffordshire, Lincolnshire, and Birmingham.

Due to the nature of the sale the business could be relocated within any of the above areas.

Premises
N/A

Tenure
We are advised that the business is being sold on a Business Only basis. 

Hours
The business is trading;

Monday – 08:00 – 16:30
Tuesday – 08:00 – 16:30
Wednesday – 08:00 – 16:30
Thursday – 08:00 - 1630
Friday – 08:00 – 16:30
Saturday - Closed
Sunday - Closed


Staff
We are advised that the business has 1 full time staff member. 

Financial Profile
We are advised as per the 2019 accounts, the business generated a turnover in the region of £66,000, with an adjusted net profit in the region of £22,000. Full financials can be made available upon further request. 

Please quote reference B06103

Is this business relocatable:
Yes
Listed by:
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