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Profitable Vehicle Repair & MOT Centre in Scunthorpe For Sale, £1M Annual Turnover

Scunthorpe, Lincolnshire
Vehicle Repairs & MOT For Sale in Scunthorpe Photo 1
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Vehicle Repairs & MOT For Sale in Scunthorpe
  • Status

    FOR SALE

  • Date Submitted:

    28/07/23

  • Advert ID

    517295

  • Reference

    590075 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £400,000
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: Not Applicable

Business Details

Vehicle Repairs & MOT For Sale in Scunthorpe

PREMIER ACCIDENT REPAIR CENTRE in Scunthorpe for Sale.

Undoubtedly one of the busiest independent accident repair centres in the north of England, with net turnover of circa £1 million pounds per annum and increasing at a rapid rate due to massive demand from insurance companies and dealerships. Boasting 14 manufacturer approvals and a vast forward book of work already in the diary. Based in a large North Lincolnshire town and surrounded by a large catchment area. The town is situated adjacent to the M180 and M181 motorways, with excellent links to the national motorway network, regional airports, docks and major conurbations. Renowned and highly regarded for their total professionalism, quality and attention to detail in all aspects of vehicle body repair. Widely recognised by insurance companies and dealerships and holding numerous approvals. State of the art equipment, coupled with a team of skilled engineers and painters, make for an unsurpassed level of customer satisfaction, which has led to a rapid increase in demand for their services and consistent leaps in turnover and profitability.

Detached, mainly steel framed industrial unit extending to approximately 6,828 sq ft, sitting on a lot of approximately 0.4 of an acre offering lots of incoming vehicle storage and parking. The premises are available on the remainder of a long 99 year ground lease (from January 1965) at a nominal ground rent of just £3,800 per annum.
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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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The data showed regarding this advert 'Vehicle Repairs & MOT For Sale in Scunthorpe - 590075 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.