Renowned Garage & MOT Centre in Swindon Wiltshire for Sale with High Turnover
Swindon, Wiltshire
- Status
FOR SALE
- Date Submitted:
09/10/19
- Advert ID
250543
- Reference
B05603 / Rightbiz
- Call Agent:
- Freehold: £525,000
- Turnover: £282,726 (£5,437 Per week)
- Net Profit: £25,986 (10% Profit margin)
Business Details
Well Established Garage & Mot Centre With A Renowned Reputation
BusinessPlease quote reference B05603
CoGoGo are pleased to have been given the opportunity to manage the sale of Auto Engine Tune which is a well-established Garage and Mot Centre with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
There has been a garage at this site for over 50 years and the current owners have run it successfully and lucratively as Auto Engine Tune for the last 14 years or so. The business has been a real labour of love for them and has accrued an impressive number of regular customers and a fantastic reputation.
The business is now being sold albeit reluctantly and with heavy hearts only due to a wish to take a well-earned retirement, the vendors are keen to see their beloved garage pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.
Auto Engine Tune is a family run garage that prides itself on a personal and friendly service. The business is a member of the “Retail Motor Industry Federation “and complies fully with the federations quality control code of practice for the motor trade.
The business carries out repairs and servicing on all marques including:
- Mots.
- Brake overhauls.
- Clutch replacement.
- Cylinder head gaskets.
- Cam belt replacement.
- Suspension and steering repairs.
- Air conditioning.
- ECU remapping.
Reasons to Buy:
- A well-established business with an enviable reputation and many existing customers.
- The sale includes the substantial freehold.
- Current owner happy to offer a handover to ensure the continued success.
- All fixtures and fittings included making this a real “Turnkey “business opportunity.
- Ideal owner managed or partnership business.
Location
Auto Engine Tune is in Swindon.
Swindon is a large town in the ceremonial county of Wiltshire between Bristol, 35 miles to the west and Reading the same distance to the east. The town is 71 miles west of London.
Swindon has two junctions (15&16) on the M4 motorway. Swindon bus operators are Thames down and Stagecoach.
Auto Engine Tune is ideally located in a standalone position in an area of densely populated residential housing and thus benefits from good levels of footfall and passing trade along with regular custom. The business is nicely presented and maintained with clear visible signage.
Premises
Auto Engine Tune occupies generous, detached premises and briefly comprises:
- Reception with door to front, bespoke counter, customer waiting area.
- Managers Office with space for desk and filing cabinets etc.
- Inner Hallway with window and door to workshop, space for fridge and kettle.
- Generous workshop with roller door to front, fluorescent lighting, Mot bay, 2 two poster ramps, scissor lift ramp, tyre racking, workbenches, diagnostic equipment, storeroom to rear.
- Externally there is a generous yard to the front of the business that is mainly laid to concrete and provides parking for several vehicles.
Tenure
We are advised that Auto Engine Tune is being sold as a freehold business opportunity.
We are further advised that the business benefits from being exempt from business rates.
Hours
Monday to Thursday 08:00 – 17:00
Friday 08:00 – 16:30
Saturday 08:00 – 12:00
Sunday Closed.
Staff
The business is run and managed by our clients, a husband and wife team with the help of 3 full time members of staff.
Financial Profile
Auto Engine Tune has averaged a turnover of circa £283,000 per annum as of the 2016/2017 accounts with a gross profit of approximately 37% (£104,248).
Please quote reference B05603
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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