For Sale
Well established car inspection business in Wigan for sale
Wigan, Lancashire
- Asking Price: £229,999 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £290,000. Further financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07279
CoGoGo are delighted to welcome to the market J W Motor Repairs Limited, a highly rated car garage business in Wigan.
J W Motor Repairs Limited was established over 35 years ago, with our client taking over in 2009. During that time, the business has built up an excellent reputation and loyal client base.
This business opportunity has now come to the open market due to a change of direction.
Business activities -
- Car repairs
- MOT Class 4, 35-45 per week retail 75% trade 25%
- Exhausts
- Batteries
- Clutches
- Car Service, all makes and models
- Tyres
- Brakes
- Diagnostics
- Hybrid
- Electric Vehicle (EV) specialist
- “Excellent service, reliable and professional “
- “Very pleased, wonderfully helpful”
- “Super garage, nothing too much trouble. Highly professional “
- A well established business with an enviable reputation and many existing customers
- Current owners would be happy to offer a handover to ensure the continued success
- All fixtures, fittings and equipment included in sale making this a real Turnkey business opportunity
- Ideal owner managed or partnership business
- Very few EV specialists in the area so little or no competition in this lucrative part of the business
- Advertising and marketing campaign
- Maximise the use of social media
- Website ideally with an online booking system
- Introduce a customer loyalty card / scheme
- Extend the opening hours, there is demand for weekend opening
We are advised that the business is run and managed by the owners, with the help of 2 full-time mechanics and 1 part-time admin staff member.
The current trading hours are -
Monday – 08:30 – 17:00
Tuesday – 08:30 – 17:00
Wednesday – 08:30 – 17:00
Thursday - 08:30 - 17:00
Friday – 08:30 – 17:00
Saturday - Closed
Sunday - Closed
J W Motor Repairs Limited is located at the Empress Industrial Estate, on Anderton Street in Wigan.
- Single storey premises, nicely presented and maintained
- Generous workshop with ramps and MOT bay
- Customer waiting area
- Toilets
- Office space
- Large unit next door currently used for storage
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 3 year lease. The rent is £1,400 per month (inclusive of VAT).
Our client has advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.
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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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