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Businesses For Sale > Business For Sale in Oxfordshire, UNITED KINGDOM - UK (UK)

AM169-Oxfordshire-£800,000-Service, MOT Tyre Centre Cars Vans & 4X4's for sale in Oxfordshire, UK

Oxfordshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 800,000 £ 1,000,000 Undisclosed

Business Summary:
Service, MOT & Tyre Centre Cars Vans and 4X4’sRef. AM169Location : OxfordshireAsking Price : £800,000This family business, set up over 40 years ago, provides a comprehensive workshop service for motor vehicles/cars and light commerical vehicles within the busy Oxfordshire & Buckinghamshire region it is located within. The business has built up a sterling reputation in the area during this time and provides, full repair, servicing, maintenance, tyre-fitting and MOT testing services to the local community and beyond.This profitable business has established itself as a market leader in the region with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business from a loyal following of customers. The majority of clients are domestic customers but the business does have a few business clients also.The garage is fully equipped for purpose and plant includes:• Dedicated ATL Class 4 MOT bay• Fully equipped tyre fitting bay• 5 Ramps (including 4 post ramps up to 4 tonnes)• 4 Wheel computerised alignment centre• Full diagnostic equipment• Range of specialist toolsThe vendor has an excellent team of staff including a team of Managers who runs the business on a day to day basis. Staff are fully conversant with the latest workshop techniques and engine management systems and the business is compliant with all necessary health and safety regulations and codes of practice.Location is ideal being close to major road networks and market towns and also has ample parking so customers can leave their cars and pick up at a conveneient time later in the day if need be.

 

   
Year Business was Established: 1977
   
Number of Employees: 06FT  
   
Facilities / Terms of Lease: Premises are a real strength of this business. Ideally located on a discrete and busy industrial estate that is close to the M40 Motorway and a busy thoroughfare, the business is very well known and accessible. The site is circa 0.5 acres and comprises a large single storey workshop (circa 4500 square feet) with offices, reception, waiting rooms, toilets, and storage. There is a large forecourt area and parking for some 40 plus vehicles. Premises are leasehold. Current rent is circa £18600 p.a. Rates are circa £9961 p.a. It is understood a new lease would be made available to a new owner, subject to negotiation.  
   
Potential Growth/Expansion: The business has enjoyed steady growth over recent years and this is expected to continue in light of its growing and loyal customer base. The site has room for expansion if need be and this could easily be achieved if a new owner wished to employ further personnel as the demand is already there. The tyre sales/fitting operation could easily be grown as this currently accounts for just 20% of overall sales. There is also the opportunity to look at motorbike MOT provision as there is currently only one motorcycle MOT station in the area. It could even look to offer Class VII MOT’s for commercials, as the premises have enough scope to accommodate this. The business does very little advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.  
   
Competition: The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a large and loyal customer base. There is however a comprehensive and attractive website detailing the services and facilities offered.  
   
Owner willing to train: The current owner would be happy to provide full training and support at handover. This should be a relatively simple process as the vendor has a team of Managers who run the business on a day to day basis.  
   
Reason for selling: Genuine retirement sale  
   
Seller Reference Number: AM169
BusinessMart.com Listing Number: 212358
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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