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

Guide Price : £200,000 (plus stock at valuation)

Business Reference No. 12591

  • Long standing and well established business (since 1985), at the current larger premises since 2000 under the same owner
  • A thoroughly respected local name and reputation, with a large and loyal customer base
  • Well sited 203m2 industrial unit with easy access to major trunk road
  • Opportunity to install ‘Class 7’ M.o.T facilities
  • Turnover £280,000. Net Profit £140,000
  • Consistent, steady business from loyal customer base as well as business from new customers that have heard of the excellent reputation and standard of trust in services that the business delivers
  • Scope for expansion - often forced to turn business away
  • Retirement sale following many decades of successful business

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 includes diagnostics and air conditioning work etc. and tyre replacements. In addition, some welding work is undertaken and vehicles were occasionally sold until 2009 when this activity was ceased. (The owner no longer wanted that distraction from his core business). There is no bodywork/spraying aspect to the business. Basically, other than bodywork the business offers a ‘one stop’ service and repairs business. Th...

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