MOT Garages for sale in Hook

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Instantly Successful Car Servicing Business

Hook, Hampshire, England

  • Leasehold Price: £34,995  Price Reduced arrow_drop_down
  • Turnover: £84,000
  • Gross Profit: £42,084
Seller Reference: B05636
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Business Description
 
 
 
 
 
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Seller Reference: B05636
Request Details
Business Description
Business
Hilton Smythe are delighted to present to the market a newly established and instantly successful car servicing garage. The business one now being made available for sale due to the ill health of our client who will be offering a full handover to any new owner.

The garage can offer MOTs (carried out at respected garage directly opposite), repairs and servicing, diagnostics and air con repairs of all car types including the replacement of new tyres.

They have the latest diagnostic machinery for all makes and models and can offer a free collection and delivery service with a complimentary wash and vac.

The garage is one of the few garages who can offer ‘Payment Assist’, a FCa regulated short term loan provider offering 0% short term loan in the event of an unexpected repair bill.

Our client has invested over £25,000 in new equipment, website and employing good technicians. There is a quality online booking system to make checking your car in easy and conveniently.

Our client will also be introducing online tyre sales soon to further boost levels of new customers to the garage.

Our client advises 60% of the sales turnover comes from local domestic customers and 40% from local trade customers which includes the local car sales garages.

Due to ill health the business is currently being run to suit with minimal advertising on Google and Yell.com, a recent deal with Groupon also provides an additional small footfall.

We would recommend any new owner would be a full-time mechanic as well as business owner and look to add any of the following to continue the increase in sales -


  • Local advertising through new leaflet drop

  • Adding more trade accounts including taxis servicing

  • Adding a social media presence

  • Extending the opening hours including opening Saturdays

  • Investigating the opportunity to expand garage into the adjacent unit which also contains an unused MOT bay.


The business is being priced to sell quickly and we would therefore recommend any serious buyers to make early enquiries to avoid disappointment.

We believe any new owner could quickly double the current turnover by adding any of the above points.

Location
A30 Car Servicing occupies a highly prominent trading position just off London Road (A30) in Hartley Wintney, Hampshire.

Hartley Wintney is located 3 miles northwest of Fleet and 8 miles east of Basingstoke.

The business sits alongside a car sales garage and busy car wash business which ensures consistent footfall to the Carriage House plot.

The garage is particularly popular with the many locals within the area as well as the many hundreds of commuters who use the A30 link road to connect the nearby M3 motorway.

Premises
Front External - parking/storage for minimum of 4 cars

Internal - working space for 2 cars (accessed by 2 x electric shutters)

Workshop - includes 2 x 2 poster Ramps (owned & maintained by Landlord), 1 x Compressor (owned & maintained by Landlord), new air conditioning machine, tyre machine with assist arm & balancer, 2 x trolley jacks, 2 x transmission jacks, 1 x oil drainer, 2 x battery testers, brake fluid tester, antifreeze tester, various airline and air pressure gauges, tyre fitting levers & tools, various balance weights & valves.

Store cupboard

Small office

Premises are circa 19sqm.

Tenure
The business is being offered as a Leasehold with 4 years remaining on a 5-year renewable Lease paying just £12,000 per year (includes business rates).

Hours
MONDAY to FRIDAY - 8.30-5.00 pm

SATURDAY/SUNDAY - closed

Staff
The business is run and managed by our client with the help of 1 x full time mechanic.

Financial Profile
Over the last 10 months of full trade the business has generated a turnover of £69,972, gross profit of £42,084 and net profit of £18,032.

Tenure:
Leasehold
Listed by:
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