Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
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Sold. Specialist Garage For Mechanical Car Repair & Servicing Plus Class 4 Mot Station

LISTING DETAILS
Firms For Sale ID:
34309
Vendor reference:
AL239
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£260,000  
Turnover / revenue:
£223,791
Net profit / cashflow:
£78,000
Years established:
33
Number of employees:
5
Employees / staffing:
Full time staff include the two owners and a mechanic. There are also two part time administration staff.

OTHER DETAILS
Reason for selling:
The vendor is planning to retire.
Support and training:
The owner is happy to provide support and training for the new owners, if required, to ensure a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Specialist Garage for Mechanical Car Repair & Servicing plus Class 4 MOT Station
Ref. AL239
Location : Ipswich
Asking Price : GBP 260,000
Originally started in 1982, the vendor bought this well established garage in 2002.

The garage specialises in high quality mechanical car repair, servicing and is also a busy Class 4 MOT centre. The garage has established a fantastic reputation for high standards of service and value for money. This has generated a repeat private client base with some business referred from main dealers.

The well fitted and equipped high end workshop premises comprise of 2 x 2 post hydraulic ramps, 1 x 4 post ramp.

The garage also operates a professional breakdown and recovery service for many main dealers and body shop businesses.

Sage software is used for accounts, invoicing and payroll.

Market / Competition / Non-Competition Agreements
The business operates on recommendations by customer word of mouth and referrals. Advantages to improve profitability are being lost as there has been no investment in a company website to promote the services on offer. Undertaking a local marketing campaign could also bring in additional business.