Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Successful Mot And Vehicle Repair Business For Sale

Banbury, Oxfordshire
Asking Price:
£97,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£347,000
Cash Flow:
£75,000

BUSINESS OVERVIEW

MOT TESTING CENTRE, VEHICLE REPAIR AND TYRE SERVICE GARAGE

Modlen Garage Ltd has been trading for over ten years, as a family orientated, trusted, honest and friendly business. It provides MOT testing for class four (cars and light vehicles) & seven (vans up to 3,5 ton) with widespread reputation & repeat, referral clients.

Operating since March 2009 (initially as a partnership), the business has been offering a comprehensive and wide-ranging selection of services including: MOT, recovery, vehicle servicing and repair (also engine and gearbox), A/C and tyre service, full wheel alignment, welding repair, DPF cleaning and regenerating with mutually beneficial agreements in place with multiple local businesses, a large and diverse community of loyal customers.

Modlen has a reliable and hardworking and multi-task team of 6: three technicians, two clarities: receptionists/administrators/ bookkeepers and one an MOT tester – who is the owner of this business, who work six days a week, Monday to Friday eight am – six pm and Saturday nine am – four pm.

TENURE: LEASEHOLD

ASKING PRICE: £ 97 K

KEY FINANCIALS:

Turnover: £ 347K / Net Profit: £ 75K

LOCATION: busy mixed residential, industrial & commercial locality.

OPERATING HOURS: Monday to Friday eight am – six pm and Saturday nine am – four pm

KEY POINTS:

Established over 10 years
MOT class four & 7
Excellent facilities in a prime location (5min walking distance from the train station in Banbury town centre)
Repeat and referral clients
Huge potential for expansion: semidetached unit currently used as storage but easily convertible for bodywork, car/van trading, parts or tyre store
No other garages among this business park
Member of ‘Good Garage Scheme' and 'Auto Care Garage Programme'

BRIEF ITINERARY OF FEATURES:

Reception / Office and Waiting Area
MOT office
Kitchen
Staff Room
Car Park with a gated area
The Workshop:
MOT station with four-poster lift suitable for class IV & VII (5 ton) and Smoke Meter (Crypton 800 - new)
3D Laser Wheel Aligner Station with four-poster lift suitable for front & rear axle wheel geometry (4 ton) equipment (Hofmann, Geoligner 650)
3 additional two poster lifts (4,5-ton x two – one already purchased, one 1year old and 4. 1 ton)
1 Tyre Fitting Machine (Hofmann Megaplan) and Wheel Balancer (Hofmann TFT E1504)
Full Air-Condition / Re-Gas machine (Bosh ACS601)
Latest diagnostic computers
Welding machine equipment
Various specialist tools and equipment inc. Tool – boxes and press machine.
Heater (Thermobile) (fuel: used oil)
DPF / Carbon Clean Machine (Model CC-770)
Start Charge (Clarke BC5202N)
Two business vans: Ford Transit recovery truck and Ford Transit panel van

REASON FOR SALE: Owners retiring after successful years trading in same hands.

New owners can literally take the keys and continue trading.

If interested, please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

3/4 year renewal.
Longer available through application to landlord.

Leasehold Rent:

£13,801 per annum

Location:

Located on a busy industrial estate at the heart of Banbury town centre next to the train station and Banbury football club.

Business Operation

Expansion Potential:

The business makes use of 2 industrial units, one of which has a gated yard. The second unit is currently used for storage but could be used for bodywork, resprays or an additional workspace for the existing business.

Reasons for selling:

Retirement

Trading hours:

Monday to Friday: 0800 - 1800
Saturday: 0900 - 1600

Employees:
6
Years established:
10

Other Information

Support & training:

Current owners would be willing to spend a short time showing new owners/staff how to use computer systems.

The 3 mechanics and MOT tester/workshop manager would want to stay on with the business under the new owners.

Furniture / Fixtures value:
£60,000 - included in the asking price
Inventory / Stock value:
£2,000 - included in the asking price
Website:
Login or register to view link

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here