Highly Rated Loughborough Garage and MOT Station for Sale - A & H Autos
Loughborough, Leicestershire
- Status
FOR SALE
- Date Submitted:
19/04/23
- Advert ID
511937
- Reference
B07290 / Rightbiz
- Call Agent:
- Leasehold: £59,995
- Turnover: £106,000 (£2,038 Per week)
- Net Profit: £10,171 (10% Profit margin)
Business Details
Well established Garage and MOT station for sale
BusinessPlease quote reference B07290
CoGoGo are delighted to welcome to the market A & H Autos, a highly rated Car Garage and MOT station in Loughborough, Leicestershire.
A & H Autos was first established back in 1980, with our client taking over in 2010. The business has built up an excellent reputation and very loyal client base. As seen by the online ratings and reviews, the business is extremely popular within the local area.
The business has now come to the open market due to our clients desire to relocate overseas.
Business services offered -
- MOT station - all MOT is new and purchased within the last year. Value of about £45,000.
- Car Repairs
- Car Sales
- Body Work
- Business with a huge customer base
- Well established since 1980
- Large unit - Body shop section, Car parks, Two offices
- Repeat client base
- Increase Car sales & Car Body Work
Location
A & H Autos is located on Little Moor Ln, in Loughborough, Leicestershire.
Premises
Occupies a corner premises
- Workshop and an office on the ground floor
- 2nd Office on the first floor
- Car parking space outside the unit
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £32,000 per annum.
Hours
The current trading hours are -
Monday - 8:30am - 6:00pm
Tuesday - 8:30am - 6:00pm
Wednesday - 8:30am - 6:00pm
Thursday - 8:30am - 6:00pm
Friday - 8:30am - 6:00pm
Saturday - 8:30am – 1:00pm
Sunday - Closed
Staff
We are advised that the business has 5 members of staff.
Financial Profile
We are advised that the business generated a turnover in the region of £106,000, as per the 2023 accounts. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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