Business for Sale in FROM, Somerset M.O.T TEST CENTRES, VEHICLE SERVICING & REPAIR WORKSHOPS

Key Information

Reference

P35620X

Tenure

Freehold

Status

For Sale

Region

Somerset

Sector

Mot Garages

Annual Sales

£713,288.00 Exc. VAT

Accommodation

No

Business Information

Rarely available, TWO FREEHOLD M.O.T TEST CENTRES and MOTOR VEHICLE SERVICING AND REPAIR WORKSHOPS, covering the two important SOMERSET towns of FROME and RADSTOCK, within easy reach of one another enabling work to be shared if required. Both occupying valuable sites, being easily accessible, lying just of busy ‘A’ roads, ensuring an abundance of trade from the immediate and surrounding areas comprising numerous towns and villages along with the famous City of BATH, also being within easy reach.

One unit comprising modern light industrial unit on prestigious business park with ample lucrative car parking, providing reception/office, M.O.T test lane, additional ramps and equipment commanding substantial replacement cost, mezzanine storage, and cloakroom. The other unit comprising corner sited property, also with ample car parking, reception/office, M.O.T test lane, comprehensively equipped workshop, first floor storage, and cloakroom. Fleet of courtesy vehicles and recovery vehicles also available.

Established and under current ownership a considerable number of years, commanding an excellent reputation ensuring a strong following with an abundance of work in hand at any one time and constant recommendations received. Sales 2023 £713,288 ex Vat, Gross Profit £227,138, substantial six figure adjusted Net Profits approaching £200,000, one owner living out of area and acting in supervisory capacity, the other owner working part time at one of the sites. Excellent staffing structure who can undertake day to day running of sites, scope to build on trade through additional mechanics.

Freehold £990,000 sav Ref: P35620X