MOT Garages for sale in Bromyard

View the "Petrol Station, MOT Station & Garage Services In Bromyard" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Freehold Price: £900,000 Price Reduced Annual Turnover: £906,906
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Business Description
Veritas Business sales are delighted to offer for sale this established petrol station, MOT station and garage services concern. The business has been trading for over 50 years and been in the careful hands of the current owners for the past 16 years. Reluctantly the business is being offered for sale but the owners are seeking a well earned retirement. Since ownership of the business they have continually invested in new and workshop equipment which is all bought and paid for and included within the sale price which means any new purchaser will not have to spend any additional funds for some time. The business has an annual turnover of £906,906 of which £575,159 is fuel sales, £209,374 is car repairs, and £47,635 from tyre sales. The remaining £74,738 comes from retail where they sell, confectionary, ice cream, drinks, newspapers, alcohol, car parts and accessories. The Gross profit is £172,550 which returns a healthy net profit. The business is owner operated but has the help of 5 full time and 2 part time members of staff. We believe that there is further potential for any new operator to look at expanding on the car sales along with the retail sales by way of joining a multiple brand and there is scope to convert the first floor offices into accommodation and live on the premises. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting passers by. We consider this a rare opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed. 
Trading Hours:
Monday – Friday – 7am – 6pm
Saturday – 7am – 1pm
Sunday – 8am – 12pm

Tenure: Freehold

Location Details:
This outstanding concern is located on the southern edge of the town on the A465 which is a short distance from the busy A44. It is classed as a semi rural location with stunning views of open countryside. Bromyard is Herefordshire’s most unspoilt market town and offers much to it’s visitors to see and to do. Malvern, Worcester, Hereford and Ludlow are just a short drive away.

Website:

Listed by: Veritas Business Sales Ltd

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