MOT & Repair Garage With Strong Local Following

Description

Hilton Smythe welcomes to the market this very well-established MOT, repair, tyre and servicing specialist, offering an ideal, easily accessible location within a large detached building, having a separate workshop and MOT bay.

The business carries out as many as 1800 class 4 MOT’s a year, with a very strong and established local following. They also carry out repairs and serving, tyre changing and balancing and so much more.

Even though this is a very strong and successful business, it would also greatly benefit by adopting a far more vigorous marketing policy, with online advertising, use of social media and a good quality website, together with longer hours including Saturday morning opening, taking it to the next level.

Potential buyers could also tap into commercial contracts which would be available locally, particularly because 2 of the local main dealers have closed recently.

An internal inspection is very highly recommended to appreciate the potential and quality on offer.

Tenure

Freehold

We are advised that the business is being sold as a Freehold opportunity.

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Hours

Monday 8:00am to 5:00 pm
Tuesday 8:00 am to 5:00 pm
Wednesday 8:00 am to 5:00 pm
Thursday 8:00 am to 5:00 pm
Friday 8:00 am to 5:00 pm
Saturday Closed
Sunday Closed

Planning is for the workshop to be opened until 6 pm during the week and from 8:00 a.m. to 1:00 p.m. on a Saturday if required.

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Staff

The business is currently run by the owner, 2 other full time and 2 part time members of staff

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Financial Profile

The accounting information shows a turnover of £338,476 for the year to 31st May 2017 with a gross profit of £183,371 and a very healthy net profit of £108,170.

These are large detached premises, which benefit from small business rate relief, so have no rates to pay at present.