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Finance And Services:

Business For Sale. Service, Mot & Tyre Centre - Cars, Vans And 4x4s

LISTING DETAILS
Firms For Sale ID:
34986
Vendor reference:
AL249
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000  
Turnover / revenue:
£175,000
Net profit / cashflow:
Undisclosed
Years established:
33
Trading hours:
Monday Friday: 08:00-17:30 Saturday: 08:30-12:30
Number of employees:
2
Employees / staffing:
The owner works full time in the business and is ably supported by 1 full time mechanic and 1 part time trainee mechanic. He also has access to other staff, who he can call upon, as and when required.

OTHER DETAILS
Reason for selling:
Genuine retirement sale.
Support and training:
The owner would be happy to help with a smooth transfer of company ownership and to stay on for an agreed period, subject to negotiation, to help the new owners, if so required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Premises are a real strength of this business. Ideally located on a busy main road/high street that is close to nearby large Towns and Trunk Roads and a busy thoroughfare in its own right the business is very well known and accessible. The premises is split between two buildings, the first has High Street frontage, with reception, parking, MOT Bay, basement storage access, is floor to ceiling glazed and would make a fine display area. The MOT Bay leads through to the rear building, that houses the main workshop, a second office, toilet facilities, customer waiting area, parking and has full, metalled off road access to the main high street and trunk roads. This second building has planning potential for conversion to residential use. The front part of the premises are leasehold. Current rent and rates are circa 14,000 p.a. The lease is renewable and for 10 years, with a 5 year break clause. The front building, including basement is circa 2,900 square feet in area and the rear building, including the first floor waiting area is circa 1,200 square feet. A comprehensive valuation report is available for the Freehold building.
 
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BUSINESS DESCRIPTION
Service, MOT & Tyre Centre - Cars, Vans and 4X4s
Ref. AL249
Location : Dorset
Asking Price : 120,000 + Freehold
This family business set up over 33 years ago provides a comprehensive workshop service for motor vehicles/cars and light commerical vehicles within the busy South Dorset region it is located within. The business has built up a sterling reputation in the area during this time and provides, full repair, servicing, maintenance, tyre-fitting and MOT testing services to the local community and beyond.
The premises is split between two buildings, the first has High Street frontage, with reception, parking, MOT Bay, basement storage access, is floor to ceiling glazed and would make a fine display area.
The MOT Bay leads through to the rear building, that houses the main workshop, a second office, toilet facilities, customer waiting area, parking and has full, metalled off road access to the main high street and trunk roads. This second building has planning potential for conversion to residential use.
This profitable business has established itself as a market leader in the region with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business from a loyal following of customers. So much so that the business can boast an active client base of hundredsof regulars, many of whom span generations of the same family. The majority of clients are domestic customers but the business does have a few business clients also.
The garage is fully equipped for purpose and plant includes:
Dedicated ATL Class 4 MOT bay
Fully equipped tyre fitting bay
2 Ramps (including 1x Scissor-ramp and 1x 2-post ramp)
3x compressors
3x courtesy cars
Full diagnostic equipment
Range of specialist tools
The vendor has a small but excellent team of staff including who run the business on a day to day basisleaving the vendor to manage financial matters. Staff are fully conversant with the latest workshop techniques and engine management systems and the business is compliant with all necessary health and safety regulations and codes of practice.
Location is ideal being close to the town centre and also having ample parking so customers can leave their cars and pick up at a convenient time later in the day if need be.

Expansion Potential
The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The site has room for expansion if need be and this could easily be achieved if a new owner wished to employ further personnel as the demand is already there.

The tyre sales/fitting operation could easily be grown as this currently accounts for a small percentage of overall sales. There is also the opportunity to look at motorbike MOT provision as there are currently few motorcycle MOT stations in the area.

The business does very little 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 in place.

The company would benefit from marketing its services more proactively. All work comes from word of mouth recommendations and referrals.

Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a large and loyal customer base.

There is however a comprehensive and attractive website detailing the services and facilities offered.