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Sun, May 31 2020 05:24:15 PM  |  /

Superbly Appointed Motor Vehicle Workshop with ATL MOT Test Lane, 3D Alignment Lane & Tyre

Business Id:000279     |    Reference: AL243
Leasehold Price:
£199,000.00
Business Description

Superbly Appointed Motor Vehicle Workshop with ATL MOT Test Lane, 3D Alignment Lane & Tyre Bay
Ref. AL243
Location : Wirral, Merseyside
Asking Price : £199,000

Established over 25 years, the business has built up a sterling reputation in the area over this time for providing full repair, servicing, maintenance, tyre-fitting, alignment and MOT testing services to both business and domestic customers within the local community and beyond.

The garage is fully equipped for purpose and plant includes:

• New 3D Alignment Lane with wheel free lift
• 2 off 4-Tonne Gantry Lifts
• Range of specialist tools, air conditioning equipment, compressors etc
The workshop is fully equipped with the latest diagnostic equipment for all makes and models including performance and prestige. It currently undertakes circa 7 MOTS a day.

Location is ideal being very close to the major routes in the area with direct links to Wirral, Chester and Liverpool. The buisness is also close to some of the major business parks and key employers in the area, as well as being in an area undergoing siginficant regeneration which bodes well for the future. This location enables the business to collect and deliver vehicles quickly and efficiently.There is ample parking so customers can leave their cars and pick up at a convenient time later in the day if need be.

The garage has a comprehensive range of modern plant and equipment as you would expect from a very well established workshop. All plant and equipment is included within the sales price. The Equipment is modern and in excellent condition. The offices are suitably equipped with PC and IT equipment. We are advised workshop equipment has a value in excess of circa £50,000.

The business offers an excellent standard of service and is proud of their attention to customer care offering professional advice and high quality workmanship. This is evident in the very high levels of repeat business it enjoys and the impressive customer base it has including public sector organisations. This commitment is backed up with the warranties it offers, not to mention the garage’s highly valued Green Light Station status it holds with the DVSA (Driver and Vehicle Standards Agency-previously known as VOSA)

The business has many strengths including

• Huge customer base - both business account customers and private
• Repeat business levels and referrals
• Highly skilled workforce
• Location

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for last financial year circa £236,000 p.a.
Operating Profits circa £69,000 p.a.
The business generates impressive profits. The vendor has invested in the infrastructure of the business over the years, particularly over the last 2 years and it has a highly impressive level of plant and equipment that is included within the sales price (circa £51,000).

Advertising and Marketing:

The company’s VOSA memberships also give the business added exposure as does its location.

The business has enjoyed steady growth over the years and produces impressive profitability. This is expected to continue in light of its growing and loyal customer base as well as with the recent introduction of further equipment including the new 3D Alignment Lane and the tyre fitting bay that provides the business with further revenues streams which are already evident. The workshop has the capacity for increased revenues and this could easily be achieved if a new owner wished to employ further personnel as the foundation is already there.
The business does no advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure already in place.

In its own right the business is very well known and accessible being ideally located on busy industrial estate site that is close to the town centre and local businesses. The site comprises a large modern high bay workshop (circa 3100 square feet) with 3 ramps, MOT Lane, tyre fitting bay, offices, reception, toilets, kitchen and secure storage. There is a large parking area and forecourt to the front.

Business Hours:

Saturday: 09:00-13:00

The vendor works full time within the business. The business employs a full time Mechanic/MOT tester, a part time Receptionist and a part time office administrator who looks after finance. All staff are experienced and real assets of the business.

The vendor would be happy to provide a comprehensive handover as required.

Having spent many many years within the motor trade the vendor now wishes to take early retirement.

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 

 

Business Information
Turnover:£236,000.00 Annually
Profit:£69,000.00 Annually
Property Status:   Leasehold
Leasehold Term: Rent circa £16,000 p.a. Rates circa £5,500 p.a.
Is this business relocatable: No
Business Sector: Automotive Services Businesses, Garages, MOT Garages, Tyre and Exhaust Businesses
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