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al157-Freehold Vehicle Service, Repair, MOT, Tyre & Wheel Alignment Specialist

Asking Price: GBP 3000000
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Business Location: United Kingdom » City of London » North London 
Category: Services » Auto Repair, Parts & Services
Description:
Freehold Vehicle Service, Repair, MOT, Tyre & Wheel Alignment Specialist

Ref.AL157
Location North London
Asking Price £ 3,000,000

This garage has been established since 1983 and is based in North London, offering all types of mechanical repairs, MOT’s and servicing to all makes and models of cars. A thriving business with no competition in the immediate vicinity. The fully equipped workshops cover all aspects of maintaining cars and light commercial vehicles up to class 7 MOT’s for petrol and diesels offering clients a comprehensive service. Business offers full geometry tracking, budget and premium make tyres, exhausts, brakes, suspension, MOT repairs, service work and batteries.

This business is a successful Motor vehicle repair and tyre and wheel alignment specialist Company. The types of garage services on offer within this premier company includes, no obligation quotations (whether the job is large or small), full servicing of any make of vehicle, preparation for and testing for compliance of ministry of transport (MOT) regulations, exhaust emission testing, tyre fitting, attention to brakes and steering.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
1000000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 1983
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 8
No of trading hours: Monday to Friday between 07:00am to 6:00 pm and on Saturday from 07: 00am to 4:00 pm.
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
By far the most cost effective marketing for this business comes from its prime locations and the strong word of mouth recommendation this business enjoys testimony to the excellent reputation this business has, particularly amongst its regular Clientele. Existing customers are the businesses best advertisers, word of mouth is consistently generating new work, and also being an approved installer positively spreads the Company message to wider audience. There is very little advertising undertaken and business has a website that provides information on the business and its wide range of products. There is little doubt that with sales and marketing strategy in place and a professionally designed web or e-commerce site, that the turnover and profits of this business could increase quickly and substantially.
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