MOT Service Centre – Cars Commercial Bikes Motorhomes
Advert ref: 3034TPBW
This well established business benefits from the diversity of services it offers which elevates it above all of its local competitors many of whom, actually provide the business with commercial recovery work. They are the only MOT service centre for bikes in the Lincoln area. The business has and is continuing to trade well through these strange times and is on target to deliver record sales and a very healthy profit for this trading period. There are currently 4 qualified members of staff and all will remain with the business if required.
This business presents a solid foundation for a new owner with fresh ideas to come in, ensuring a continuation of great service to the existing customers, whilst looking to expand and grow. There is a great opportunity to create a social media presence and to expand on the website.
Financial figures can be forwarded on completion and submission of an NDA
- Established for over 20 years
- MOT testing centre for cars and bikes- classes 1&2, 4,5 & 7
- Preparation for class 6, agreement with local commercial test centre
- Recovery and delivery of commercial vehicles nationwide – only local garage with these capabilities
- All assets included in sale, full list available, includes trucks, 4 ramps and a 54 pit with jacking beam
- Leasehold premises circa 4,000sqft plus office and storage
- 4 experienced members of staff
- Retirement sale
Property Details: Leasehold
Asking Price: £170,000 + SAV (Leasehold)
Turnover: £400,000 Annual
Rent - £1,120/month with a service charge of £1,263/year
Rates - £909/year
Each party to be responsible for their own legal and professional fees, but the purchaser should note that they will be responsible for the Landlords reasonable legal costs in connection with the preparation of the Licence to Assign/New Lease.