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

AL157 -North London- Ł3,000,000-Freehold Vehicle Service, Repair, MOT, Tyre & Wheel Alignment Specia for sale in North London, UK

North London, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
£ 3,000,000	£ 1,000,000	Undisclosed

Business Summary:
Freehold Vehicle Service, Repair, MOT, Tyre & Wheel Alignment Specialist Ref.AL157 Location North London Asking Price Ł3,000,000 This garage has been established since 1983 and is based in North London, offering all types of mechanical repairs, MOT’s and servicing to all makes and models of cars. A thriving business with no competition in the immediate vicinity. The fully equipped workshops cover all aspects of maintaining cars and light commercial vehicles up to class 7 MOT’s for petrol and diesels offering clients a comprehensive service. Business offers full geometry tracking, budget and premium make tyres, exhausts, brakes, suspension, MOT repairs, service work and batteries. This business is a successful Motor vehicle repair and tyre and wheel alignment specialist Company. The types of garage services on offer within this premier company includes, no obligation quotations (whether the job is large or small), full servicing of any make of vehicle, preparation for and testing for compliance of ministry of transport (MOT) regulations, exhaust emission testing, tyre fitting, attention to brakes and steering. The business currently have service bays, offering routine servicing and MOT testing, all mechanical and electrical repairs and full diagnostic facilities. The technical staffs of this business are committed to providing the highest level of aftercare service for all major brand cars and light commercial vehicles. The business is registered member of I.T.D.N. and Independent Tyre Distributor Network.

Year Business was Established: 1983

Number of Employees: 08

Facilities / Terms of Lease: The business occupies a modern extremely well maintained purpose-built unit on a prime location benefits easy access from main road. This freehold site in North London measures circa 0.8 acres and has been recently valued at Ł900,000. The premise enjoys lot of parking space, storage and a large yard space. The workshop is fully equipped with modern, efficient plant and machinery including fixed and portable machines, equipment and stock.

Potential Growth/Expansion: N.A.

Competition: By far the most cost effective marketing for this business comes from its prime locations and the strong word of mouth recommendation this business enjoys testimony to the excellent reputation this business has, particularly amongst its regular Clientele. Existing customers are the businesses best advertisers, word of mouth is consistently generating new work, and also being an approved installer positively spreads the Company message to wider audience. There is very little advertising undertaken and business has a website that provides information on the business and its wide range of products. There is little doubt that with sales and marketing strategy in place and a professionally designed web or e-commerce site, that the turnover and profits of this business could increase quickly and substantially.

Owner willing to train: Full business familiarisation, training and handover will be provided by the owner.

Reason for selling: This is a genuine retirement sale.

Seller Reference Number: AL157
BusinessMart.com Listing Number: 76165

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