MOT Garages for sale in Milton Keynes

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Highly Profitable Freehold MOT Garage Milton Keynes

Milton Keynes, England

  • Freehold Price: £945,000
  • Annual Turnover: £340,000
  • Annual Gross Profit: £150,000
Seller Reference: 13265
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Business Description
Highly Profitable Freehold MOT Garage Milton Keynes
Seller Reference: 13265
Request Details
Business Description
Location
We are pleased to place onto the market this very successful business based within an industrial estate in Milton Keynes. There is a new residential estate being built and the business is 3 miles from central Milton Keynes.

Business Details
This business was established by the Owner’s in 2011 and the Owners are retiring.

The business provides a mostly private work with 10% commercial. There services provided include, Class 1,2,3,4,5L and 7 MOTs. They also do service works within these classes and any other kind of service work and car repairs. There are over 60 MOTs done per week.

The operation has 6 self employed mechanics/MOT testers. as well and 2 hands on directors.

The business gains new clients through Facebook and SEO which is outsourced, and members of the good Garage Scheme, Trusted Trader, and 1link.

In terms of competition there is healthy competition but the service offered is exceptional.

The Owners are willing to offer a handover period if required and to stay on in the business if required as part of an exit strategy

Trading Hours
Various

Financial Details
The annual turnover for 2015 was £341,000 with an EBITDA of £150,000. The assets in the business are worth around £80,000 as well as a freehold commercial property.

Property Details
The business operates from an industrial unit. There are 7 ramps.

Tenure
Freehold

Ref: 13265
Price: £945,000 including all assets.

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.
Tenure:
Freehold
Location Details:
Location Em-Pwr Business Brokers Ltd is pleased to place onto the market this very successful business based within an industrial estate in Milton Keynes. There is a new residential estate being built and the business is 3 miles from central Milton Keynes.
Listed by:
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