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MOT Station & Garage

Turnover: £247,500

Asking Price: £275,000

Region:
Hampshire

Sector:

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Business Details

Brief Description

Excellent MOT testing, repairs & garage services business.

Established in a high profile location since 1992 and available on the market for the first time due to our clients imminent retirement.

Revenue is generated via MOT testing, repairs and other associated services.

Premises are well-equipped and maintained. There is a workshop, forecourt and plentiful parking. Indeed the location is high profile being alongside a busy Hampshire intersection.

Details of the Property;

Large one storey premises comprising of;
Reception/Customer Area
Office facilities
Workshop with MoT bay
4 x ramps, compressor and other tools Stock room

PROPERTY

Whilst the business is priced for a leasehold sale, the vendor is willing to discuss a sale of the Freehold. Most recent valuation was £725,000

Potential Opportunity

The garage and business is well regarded within this prosperous area and the vendor acknowledges that he runs it to suit his own lifestyle choice. This means that opening hours can be extended and other services can be enhanced and broadened. This is not a business that even close to maximising its revenue potential and we therefore believe it's an ideal opportunity for an ambitious new owner and/or a buyer looking to expand their existing business.

Reason for Sale

Retirement sale. Vendor has owned this business for 20 years.

More Information

Reference:
SMBO219

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