Business for Sale in TOTNES, Devon MOTOR VEHICLE SERVICING, REPAIRS & MOT/DIAGNOSTICS CENTRE

Key Information

Reference

P36389N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Mot Garages

Annual Sales

£500,000.00 Exc. VAT

Accommodation

No

Business Information

Unopposed MOTOR VEHICLE SERVICING & REPAIR WORKSHOP, M.O.T & DIAGNOSTICS CENTRE, situated in the affluent highly sought after SOUTH DEVON waterside town of DARTMOUTH, voted one of the best seaside towns in which to live. Occupying lucrative easily accessible out of town trading position on one of the very few commercial trading estates of the town with no other suitable sites available or proposed in the future ensuring no real existing competition or future competition.

Valuable premises, the likes of which rarely become available, more than 3,500 square feet, in addition to outside storage areas and ample car parking. Viewing is recommended to appreciate the absolutely huge very valuable equipment inventory included in the sale, this includes masses of diagnostics equipment, ADAS equipment, and tools, commanding a substantial replacement cost, enabling all make and model of vehicle to be worked on to include electric vehicles. Offering M.O.T bay, 3 service bays with ramps, additional serviced bays, reception/office, staff facilities.

Renowned business with strong following, established 1980’s, under current ownership more than 30 years, regular repeat customers with masses of work in hand at any one time, bookings typically running 4 weeks in advance. Sales approaching £500,000 ex Vat, Gross Profit 62%, six figure adjusted Net Profits in the region of £100,000 available to working owners from 5 day week. A most efficiently operated business with excellent staffing structure in place and further opportunities available, handover available if required.

Leasehold £225,000 sav, Ref: P36389N