Business for Sale in Ampthill, Bedfordshire - Freehold Garage and MOT Business. Bedfordshire - Freehold: £475,000 Leasehold: £150,000

Key Information

Ref
P33264XB
Type
Motor & Transport Businesses: Mot Garages
Location
England: Bedfordshire
Tenure
Freehold, Leasehold
Status
For Sale
Annual Sales
£220,000 Ex Vat
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  • 30 years established business
  • 3,000 square foot premises
  • Four hoists with potential for five
  • Three experienced technicians will stay on following sale
  • Genuine retirement sale

Everett Masson & Furby are delighted to offer for sale a freehold motor repair and MOT garage based in Bedfordshire.

The business was formed by the vendor some 30 years ago, originally as a commercial vehicle repair business with some car repairs but in recent years the majority of the business is private cars. Neverthless the business still benefits from being licenced to offer class 4, 5 and 7 MOTs.

Operting from a 1/5th acre site the premises currently has a workshop iof some 3,000 square feet with a further 1,000 under cover for storage or potential conversion.

The business has an excellent trading reputation which was largely responsible for nearly 3,000 completed MOTs in the past 12 months but there is currently little marketing undertaken. Audited accounts show turnover of some £220,000 and a good level of profits and will be available following a succesful viewing.

PRICE: £475,000 to include the benefit of the valuable freehold property, goodwill, fixtures, fittings & qquipment, plus stock at valuation.


Alternatively the vendor may consider selling the business as a leasehold for a figure in the region of £150,000.

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