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

Class 4 MOT Centre for sale in West Sussex, UK

West Sussex, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 50,000 Undisclosed Undisclosed

Business Summary:
Ref: AL252Location: West Sussex Asking Price: £50,000 or £74,000 with new/upgraded DVSA connected equipmentBusiness highlights include:Established 15 years Excellent client baseGreat opportunity for someone who wants to start their own garage business£50,000 or £74,000 with new/upgraded DVSA connected equipmentPurchase before September 2021 and enjoy the strong MOT seasonal demand as a result of the 6 month MOT extensionAdjusted profit before drawings £50,000 plusEquipment Value £25,000Business Profile:This well established MOT centre is located in one of West Sussex’s largest towns, just 5 minutes’ drive from the town centre. It has been a test centre for 15 years with a great reputation and superb Google review scores.The garage is well equipped;Dedicated Class 4 mot laneBoston emissions machine – fully connectable to DVSA*Brand new Roller brake tester – fully connectable to the DVSA*Revamped reception with new furnitureThe business has an active database of approximately 2,500 customers. The vendor will help and supply one of their tester’s on hire if needed for a maximum of 6 weeks from sale.*Please note new DVSA regulations now require any test station sold to a new owner, for the emissions machines & roller brake testers to be connected to their central data base. The vendor for the higher price will ensure all equipment is fully compliant, so offering a turn key operation. For the lower price, the equipment would have to be changed by the new owner at a cost of around £9k.Premises:Situated on a modern industrial estate, the lease has 12 years to run at cost of £15k a year. Rates payable are £5,200 (pre pandemic). The building is approximately 1600 sq. feet and with some re-profiling of the reception/office areas would yield enough space for a 2 poster ramp so enabling MOT repairs and other repair work to be carried out.Employees:As the business is part of a large group, the business would be sold without employees unless specifically required – the latter by negotiationCompetition:There are 6 other significant MOT centres in the town, but given its size and likely car park of circa 30,000 testable vehicles this is certainly not over supply.Financial Performance:Because of the pandemic, annual sales comparisons over the last 2 years are difficult. In its last 2 pre-pandemic years (2018/19) it was generating sales of £90,000 -100,000 per year which would give an owner-operator a profit of c£50,000 before drawings.Potential:With the ability to open a repair bay alongside the MOT lane, this is a great opportunity for someone to start up on their own and then expand. Converting the MOT lane to one man operation could yield another £20k a year in profit before drawingsReason for sale:The group wants to focus on its much larger repair & MOT branches.

 

   
Year Business was Established: 2006
   
Reason for selling: The group wants to focus on its much larger repair & MOT branches.  
   
Seller Reference Number: AL252
BusinessMart.com Listing Number: 276423
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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