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8909LE LEICESTERSHIRE FREEHOLD: £750,000 INDEPENDENT BMW SPECIALIST/MOT STATION WITH BUNGALOW

Asking Price: GBP 750000
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Business Location: United Kingdom » Leicestershire » LEICESTERSHIRE 
Category: Services » Auto Repair, Parts & Services
Description:
Advent Business Sales are delighted to offer
to the market this well established freehold
business that has been trading since 1978.
The current vendor has been in ownership for
the last four years. He has decided to sell
due to personal family commitments.
The business is an independent BMW
specialist, for which it has full diagnostic
equipment. It is gaining more and more
BMW owner customers on a daily basis.
In addition, other independent dealers are
also using the services of our client.
Our client is the only independent BMW
specialist within a very large catchment
area.
The freehold site can accommodate up to 35
cars at a squeeze. It also has a two bed
bungalow, which at present is let at £500
per month.
has vocally consented that the site would be
suitable for redevelopment into flats.
The business at present has one MOT bay
and can conduct up to 10 MOT’s per day.
The MOT’s provided an almost limitless
level of work.
Our client has indicated to us that a second
MOT will be installed, which will boost
weekly average revenues. As MOT work
will fill most of the capacity. Indeed there is
demand for 3 MOT bay’s at the business.
Our client also services/repairs and sells cars,
specialising in BMW’s. Other makes are
also catered for, although the owner due to
his family time commitments has deliberately
curtailed sales.
The business at present employs four full
time mechanics and two MOT testers.
The business provides tremendous scope to
build upon the MOT side and to develop the
sales of BMW cars. Present BMW car sales
provide a healthy margin.
An owner MOT tester would significantly
increase net profits.
 
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Financial Information:  
Annual gross sales: (GBP) 220000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1978
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: Mon – Fri: 8.30am – 5.30pm Sat: .30am – 12.30pm
Reasons for selling:
The current vendor has been in ownership for the last four years. He has decided to sell due to personal family commitments.
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