Highly Profitable Garage Business Providing MOT Testing, Maintenance & Repairs and Boydwork Services - Tavistock, Devon

Price : £295,000

Business Reference No. 12750

  • Very long and well established
  • First class name and reputation
  • Provides a broad range of services for cars and light commercial vehicles of all makes, including MOT testing, repairs, maintenance, servicing, engine installations and bodywork (tyres and exhausts fittings are sub-contracted to specialists at discounted trade prices)
  • Highly experienced and fully qualified vehicle technicians
  • Operates 5 days per week only
  • Turnover £281,636 (Net Profit £104,615) y/e 31/01/2023 (figures annualised)
  • Genuine potential to further expand trade
  • Offered with freehold premises (but vendor willing to consider selling business with a lease)
  • Offered for sale to enable operating owner to retire due to serious ill health

THE BUSINESS : Established at its current location in 1944 by the paternal grandfather of the current owner (who acquired the business in the early 1990s), this is the first time that the business has been offered for sale outside of the family. It offers repairs and servicing, MOT testing (class 4 only) and bodywork for all makes of cars and light commercial vehicles. (This garage is one of only two with vehicle bodyshops in Tavistock). It also operates (during business hours only) a vehicle breakdown recovery service. In addition, it also carries out engine installations and although tyres and exhausts are supplied and fitted when requested (such work is neither...

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