MOT Testing Garage in Blackpool Lancashire - 12 Years Trading, Modern Equipment, 5 Staff
Blackpool, Lancashire
- Status
FOR SALE
- Date Submitted:
24/06/23
- Advert ID
515505
- Leasehold: £100,000 (Stock at valuation)
- Rent: £24,000
- Turnover: £336,574 (£6,473 Per week)
- Net Profit: £206,499 (62% Profit margin)
Key Features
- Fully Fitted
- With Car Park
- Retirement Sale
- Owner Financed
- Price Further Reduced
- Currently Closed
- Prime Location
- Accounts Available
- Offers Invited
- Company for Sale
- Town Centre location
- Established Business
Business Details
MOT Testing Garage, Main Road, Blackpool
Well-established MOT Garage has been trading for over 21 years under the current owner. The garage boasts an excellent main road location on the Blackpool Gateway. Workshop and office and storage approximatly 300 sqm. Car parking to the front for 8 vehicles and additional parking compund to the rear approximatly 20 vehicles
The garage is fully fitted with modern equipment, including a Stenhoj ATL MOT Lane, 3 two-post ramps, and a four-post wheel alignment ramp with a new Hoffman Megaline 88. In addition, we have 2 Hoffman tyre machines and a balancer, Snap-on Diagnostics, Air con machine, large compressor and a wide range of hand tools and associated equipment. We use Cameo Sales Ledger and MOT Manager for day to day running MOT reminders and workshop managment. This is a well equiped repair garage and ready to walk into.
We maintain an extensive stock of new tyres, valued at approximately £30K, to support our healthy tyre sales. Please note that the tyre inventory is negotiable and does not need to be included with the sale. The current owner is retired, presenting an opportunity for the profitable business to continue thriving under new ownership. Prevoius year turn over from November 2022 to October 2023 was £336847 with a GP £206617 from trading 5 Days per week Monday to Friday no weekends. Finance may be available from owner. URGENT SALE REQUIRED. Any sensible offer will be considered.
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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