Unopposed MOT, Servicing & Repairs Berkshire, United Kingdom Advert ref: M378SC Business description
Offers exceeding £85,000.
Our client has operated this well respected and successful business for over 20 years. The garage is highly regarded by its loyal and regular clients for its reliability, service and expertise. The garage is capable of handling almost any make or model of car offering a full range of services, including tyre and exhaust changes, servicing, major engine repairs and MOTs, and is fully equipped with engine tuning/diagnostics systems. The workshop is accessed via the service road on the estate and has ample car parking to accommodate 30 cars and the workshop is able to house 6-7 cars.
Our client has operated from the trading estate for many years and in 2004 moved into the current larger unit to in order to tackle the increased workload of the business. The business has continued to flourish and the owner now feels it has outgrown him with his priorities now drifting more towards family life; this has prompted this, reluctant, sale. The accounts for the year ended 5th April 2006 show a sales turnover of £314,260 (excluding VAT),. For a working couple, this should return a basic Operating Net Profit of approximately £75,977 p.a.
The business continues to surpass the sales of each previous year and the accounts for the last three years show an average increase of 19.5% each year. The opportunities to expand the business are tremendous
Property: Leasehold
Location
The business is well located, with good access to the main roads, M4 motorway and has national railway station only 30 minutes drive. The business has a commanding catchment area, approximately 20 mile radius, and can boast to be the only garage and MOT station servicing several nearby villages
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| | Financial details Asking price: £85,000
Sales revenue: £314,000
Net profit: £76,000
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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