_Business_
_Please quote reference B07541_
Hilton Smythe are delighted to welcome to the market hp Motors, a highly rated
mot testing and garage services business in Riseley, Bedfordshire.
The business was originally founded in the 1970's, and has been under our
clients ownership since 2018. The garage has built up an excellent reputation
with a regular customer base. As seen by the online ratings and reviews, it's
extremely popular within the local community, proudly having a 4. 8 rating on
Google reviews.
Hp Motors has now come to the open market due to family commitments and our
clients desire to pursue other business interests.
They're a family run business offering mot testing, Services & General Vehicle
Repairs. Our client cares about customers and treat your car as if it were
their own. They use quality oil in services and will contact you before
carrying out work. They on average carry out 40 to 50 mot's per month.
This business has been a garage for nearly 50 years in the village.
The sale of the business includes the company website.
Key selling points -
* Outstanding reputation
* Well established
* Hand over period offered.
* Scope for expansion
* Turnkey business
Scope for further growth -
* Increase advertising
* Would benefit from being owner operated
* Increase business hours/Open on weekends
_Location_
hp Motors is located on High Street in Riseley, Bedfordshire.
The business is nicely presented and maintained with clear visible signage.
The premises has a large parking space at the front with 2 unused petrol
pumps.
_Premises_
The premises are clean and tidy throughout, with ample storage.
Office to the right of the workshop
Large Workshop with 3 fitted ramps
Kitchen and WC facilities
_Tenure_
We are advised that the business is being sold on a Leasehold basis. As our
client owns the Freehold, a lease is to be negotiated with the new buyer. The
rent will be £18, 000 per annum.
_Hours_
The current trading hours are -
Monday to Friday - 8: 30am - 5: 30pm
_Staff_
We are advised that the business is run and managed by our client, with the
help of 2 technicians and 2 office workers.
_Financial Profile_
We are advised as per the 2023 accounts, the business generated a turnover in
the region of £260, 000. Further financials can be made available upon request.

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