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Highly-Rated, Well-Established MOT Centre for Sale in Carmarthenshire

Undisclosed, Carmarthenshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/03/24

  • Advert ID

    608446

  • Reference

    B07915 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £179,995
  • Turnover: £285,433 (£5,489 Per week)
  • Net Profit: £48,749 (18% Profit margin)

Business Details

Well Established MOT Centre For Sale

Business
Please quote reference B07915

CoGoGo welcomes to the market a highly rated MOT specialist that also offers a wide range of other services in Carmarthenshire. 

The business was first established 1995, before going limited in 2007. During that time, the business has built up an excellent reputation and regular customer base. 

This has now come to the open market due to our clients wish to retire. 

This well respected business opportunity also offer Service, Brakes, Air Conditioning and Repairs. A free local pick up and delivery service available for customers. They cater for all makes and models of car and van including the following;

  • Audi
  • BMW
  • Citroen
  • Fiat
  • Ford Jaguar
  • Land Rover
  • Mazda
  • Mercedes-Benz
  • Mini Nissan
  • Renault
  • Vauxhall
  • Volkswagen
  • Volvo
All the work and repairs are carried out by experience and professional staff. All of the Team are DVSA-approved MOT testers, and can be trusted to give a full and fair MOT test.

Key selling points - 

  • Outstanding reputation
  • Handover option offered
  • Extremely well established
  • Good location with low overheads
Scope for further growth -

  • Increase advertising and marketing
  • Maximise the use of social media
  • Update the business website
  • Expand the team of staff


Location
This MOT station is located in Carmarthenshire.



Premises
  • Reception area
  • Large open plan workshop
  • WC 
  • Storage area
  • Ample parking at the front of the workshop




Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. A new buyer could have the lease as long as they want.  The rent is £8,500 per annum.



Hours
The current trading hours are -

Monday to Friday - 8:30am - 5:30pm

Saturday - 9:00am - 1:00pm

Sunday - Closed



Staff
We are advised that the business is run and managed by our client, with the help of 2 staff members. 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £285,000. Further financials can be made available upon request. 



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Send a test amount before you consider handing over a large amount 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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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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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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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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