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AL092-Freehold Motor Engineers MOT,Services & Repair,Tyre Sales

Asking Price: GBP 550000
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Business Location: United Kingdom » Others » North East 
Category: Services » Auto Repair, Parts & Services
Description:
Freehold Motor Engineers
MOT,Services & Repair,Tyre Sales

Confidentially offered for sale


Ref No:AL092

Location: North East
Asking price: £550,000
Established over 35 years ago, the main services the busines provides are repairs, MOT’s up to class 7 vehicles, servicing up to 5 ton plus tyre sales.

This business has been steadily expanding, the investment the owner has put back into the company has certainly paid dividends, which offers someone a superb commercial opportunity to purchase this business.

The company prides themselves on delivering an efficient local friendly service, the freehold premises provides excellent garage facilities and is conveniently located close to major town & city centres and is also near to the main motorway link for the North East
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 517000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: na
Year Established: 1975
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 13
No of trading hours: Monday – Friday 8.00am – 5.00pm, Saturday 8.30am – 12.30 pm ,Sunday Closed
Reasons for selling:
 The owner would like to retire
Market competition and expansion:
 Most business is attained from repeat customers and word of mouth recommendation. There is a website which is affiliated to the good garage scheme website.
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