Archived
Very well established MOT/ Repair garage for sale
Manchester, Greater Manchester
- Asking Price: £1,099,995 +SAV
-
Turnover:
We are advised as per the 2019 accounts, the business generated a turnover in the region of £985,000, with an adjusted net profit in the region of £140,000. Full financials can be made available upon further request.
Please quote reference B06331
- Tenure: Freehold
Please quote reference B06331
Hilton Smythe are delighted to present to the market a very well-established MOT/ Repair garage, which has been a family run business since 1965, only now is the business offered for sale due to our client’s decision to retire.
David Herd Motors is a accident repair centre kitemarked BSI 10125 accredited and a MOT/Service workshop. The site has fantastic potential for residential development, due to the business being located in a residential area.
The sale of the business includes some of the following equiptment -
- Mot bay
- 4 poster ramps
- 2 poster ramps
- Inspection pit
- Tyre fitting bay
- 2 spray booths- One for cars and one for LCV's (Light Commercial Vehicle's).
- Wheel balancing machine
- Caroliner Jigs
- Autorobot Jigs
- Necessary welding equiptment for modern vehicles
The garage is a member of the ‘Institute Motor Industry’ - IMI.
Our client does not carry out advertising as the garage is kept busy with local customers, word of mouth and repeat business. There is also an active informative website. Due to the lengthy establishment and fantastic service offered, the garage has built up a 5 star google review status with customers stating ‘Always professional and helpful. I trust their work and value their advice.’ And ‘Took my car in for body repairs. Great service and great job. My car looks new.’ Our client is offering a hand over period to ensure the continued success.
The garage is fitted with a Mot bay, ramps, tool storage and office area.
David Herd Motors currently offers services to class 4 vehicles, any new owner may look to remodel the garage to allow for larger class 7 vehicles. Other improvements could include -
- Extending the opening hours
- Increase advertising.
- Increase mechanics to the current team.
- Our client may also consider staying on as an employee
We are advised that the business has 11 full-time and 1 part-time members of staff.
The business hours are -
Monday - 09:00 - 17:30
Tuesday - 09:00 - 17:30
Wednesday - 09:00 - 17:30
Thursday - 09:00 - 17:30
Friday - 09:00 - 17:30
Saturday - 09:00 - 17:30
Sunday - Closed
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
Urmston is also well served by the A-roads, with the A57 being within easy driving distance, which links to the M60 motorway network.
The business is only a few miles from Trafford and the City of Manchester.
The Garage occupies a substantial purpose-built garage facility in a prime trading location with ease of access: To the front of the premises is a large forecourt/hand standing for parking. The building is in the region of 6,700 sqft
Reception/Service counter. Substantially large modern workshop area. MOT testing area with associated computerised equipment.
Staff area and kitchen
WC
The premises are secured with metal roller shutters.
Tenure
We are advised that the buisness is being sold on a Freehold basis.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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