Mot Service, Repair And Sales Garage For Sale Businesses For Sale in United Kingdom at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Mot Service, Repair And Sales Garage For Sale

Location  United Kingdom
Asking Price Range  $500K - $1.0M
Gross Revenues  $1341255
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  The vendor is agreeable to a period of handover and training for the successful transition to new ownership.
Reason for Sale  After many years in the industry, the vendor is looking to take a step back, and enjoy a different work life balance with his family
Description  M.O.T. Service, Car Repair and Car Sales Garage Focusing on French Manufacturers Ref.AL188 Location West London Asking Price œ 295,000 This well established garage was originally established in 1990 as an approved Peugeot Dealership. Since that time the business has been known in the area for selling and maintaining French cars. The business has built an enviable reputation in the area, and now has minimal direct competition from franchised dealerships across approximately a 5 mile radius of West London and Middlesex. The business became independent a number of years ago, and at that time widened the focus to include other marques such as Renault and Citroen. Whilst only official parts are used, the labour rates employed by the garage result in competitive prices in the marketplace with the highest quality of service and workmanship. The vendor of the business took over the operation in 2003, and has steadily built the levels of revenue and profit. In the past 30 years, the garage has built a database of some 30,000 vehicles which have passed through the door, along with around 5,000 customers who receive promotions and marketing. With this customer history the business enjoys excellent levels of repeat trade, allowing for stability to future earnings. The garage area is well appointed, and has received constant levels of investment over the years to keep at the forefront of technology. There is an M.O.T. bay, which draws in new and existing customers, and all the approved equipment required to maintain vehicles from the target manufactures. Currently the business receives approximately 25% of revenue from car sales, with the remaining 75% from service, maintenance and parts. The majority of work can all be handled on-site with only coachwork sub contracted out.
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