Sovereign Business Transfer is delighted to welcome to the market this well-established and profitable freehold VOSA approved Class 4 MOT centre and vehicle repair business located in Stockport.
The business was established by our client in 1974 and they have successfully created a rare opportunity generating an impressive turnover in the region of £446,000 per annum with an enviable gross profit of £290,000, as supported by 2019 accounts. The seller is only bringing this unique business to market due to their desire for a change in lifestyle.
The business operates 5 days per week from a modern purpose built lock up premises (348 m2). A variety of services are offered including Class 4 MOT testing, mechanical repairs, services, and engine diagnostics. There is fantastic scope to introduce a spare parts and car accessories arm to the business.
The business has built-up an excellent reputation within the local area and further afield for offering high quality services and parts which is reflected in a very loyal client base as well as a high volume of repeat trade and word of mouth recommendations. The premises benefit from high visibility and signage which further contributes to trade with secure parking for up to 20+ vehicles.
The impressive turnover could be increased further by extending the opening hours. There is also huge scope to increase the business’ online presence by developing the website further and introducing social media. A new owner could also embark on a modest marketing campaign to highlight the business and the services offered, or perhaps introduce motorcycle testing.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
- Business ID: 2814
- Strong Annual Net Turnover Circa £446,000 Gross Profit £290,000
- VOSA Approved MOT Testing Station Class 4
- Well Reputed With Regular & Repeat Trade
- Vast Scope For Service & Repair Expansion
- Highly Accessible Trading Location With Secure Parking
- Good Transport Links
- Genuine Reason Sale
Business ID: 2814
Price: £745,000 +SAV
Annual Turnover: £446,000
Business Category: Motor Trade
Location: Greater Manchester
Living Accommodation: No
EPC Rating: Awaiting Cert
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