Popular and Profitable Garage Business (Repairs, Servicing, M.O.T Testing, Diagnosis, Air Conditioning, Tyre Replacement etc.) - West Cornwall

Guide Price : £250,000 (plus stock at valuation)

Business Reference No. 12591

  • Long established by current owner
  • A1 name & reputation
  • Good layout & well equipped premises
  • Well sited with easy access to major trunk road
  • Opportunity to install ‘Class 7’ M.o.T. facilities (no local competitor with such facilities)
  • Turnover £295,000. Net Profit £141,000
  • Consistent, steady business
  • Scope for expansion – often forced to turn away business!
  • Retirement sale – owner experiencing health problems (arthritic pain & poor circulation)

THE BUSINESS : Established by the current owner in Penzance in 1985 and relocated to its present site in 2000, the business is that of motor vehicle servicing and repairs and an M.o.T. testing station (Class 4 only). The range of services include diagnostics and air conditioning work etc. and tyre replacements. In addition, some welding work is undertaken and vehicles are occasionally sold. There is no bodywork/spraying aspect to the business. Basically, other than bodywork the business offers a ‘one stop’ service and repairs business. The garage is a Volvo specialist but caters for all vehicle makes and models. M.o.T.s are charged at £54 (although...

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