_Business_
_Please quote reference B05134_
Hilton Smythe are pleased to have been given the opportunity to manage the
sale of mj Autos which is a well - established business with a renowned
reputation amongst local residents. This is a superb opportunity to take on a
high turnover local business in an area teeming with customers.
Mj Autos was founded by the current owners nearly thirty years ago. The
business has been a real labour of love for them and has flourished under
their ownership and they have an impressive number of regular customers, many
of whom are known on a first name basis by the owners who are popular and well
respected members of the local community.
The business is now being sold, albeit reluctantly and with a heavy heart only
due to the owners wish to take a well - earned retirement. They are keen to see
their beloved business pass to an ambitious and entrepreneurial new owner who
can take this already thriving business to the next level.
Mj Autos is an independent local garage serving Pencoed and the surrounding
areas.
The business undertakes Servicing, Repairs and MOTs on all makes of car and
offers a comprehensive range of services including:
* MOTs
* Car repairs
* Car welding
* Brakes and shock absorbers
* Air conditioning
* Car safety checks
* Car tyres
* Engine diagnostics
* Car exhausts
* Car servicing
* Clutch replacements
* Engine management
* Mechanical repairs
* Vehicle recovery
* Courtesy cars.
The sale will include the company website () and Facebook page and the
business enjoys great visibility on the internet via websites such as , , , ,
etc.
Mj Autos enjoys impressive reviews from the likes of Cyclex, Good Garage Guide
and
Scope to Improve:
* Advertising and marketing campaign
* Maximise the use of social media particularly twitter and Instagram
* Update the website ideally including an online booking facility
* Extend the opening hours
* Explore online voucher discounters such as Groupon and Wowcher
* Introduce a customer loyalty card/ Scheme
* Expand the car sales side of the business
* Consider van and car rental
Reasons to Buy:
* A well - established business with an enviable reputation and many existing customers
* All fixtures and fittings included making this a real Turnkey business opportunity
* Ideal owner managed or partnership business
* Current owners would be happy to offer a handover to ensure the continued success of the business
* The business occupies a generous plot which could offer redevelopment potential.
Hilton Smythe highly advise early viewing to avoid disappointment.
This great little business is likely to attract considerable interest
_Location_
mj Autos Limited is located in Pencoed, Bridgend in Wales.
Pencoed is a heavily urbanised community and town in the county borough of
Bridgend, Wales.
It straddles the M4 motorway north east of Bridgend and is situated on the
Ewenny River.
As of the 2011 census it had a population of around 9, 170, however due to
large developments and new housing estates in the area the population is now
expected to be approximately 13, 500.
Pencoed as a town developed in the late 19th century, around the coal mining
industry although the mines have now closed. The town is in the Ewenny Valley
and is divided by the M4 motorway near Junction 35 although almost all the
town lies to the north of the M4. About 2 miles north of the town, the upland
relief of the South Wales Valleys starts. To the south are the rolling
countryside of the Vale of Glamorgan and the rugged north coast of the Bristol
Channel.
Mj Autos Limited is situated at the end of a privately owned lane and occupies
a generous plot. The business is immaculately presented and maintained with
clear visible signage.
There is ample free parking immediately outside the premises
_Premises_
mj Autos occupies a generous plot and the business comprises of several single
storey buildings that are presented and maintained to the highest possible
standards and briefly comprises:
* Mot Bay
Detached brick built building with pitched roof, fluorescent lighting, roller
door to front, rolling road, brake tester and mot testing equipment,
inspection pit.
* Workshop
Roller door to front, fluorescent lighting, two poster ramp, diagnostic
equipment and perimeter shelving.
* Fast Fit Bay
Roller door to front, two poster ramp, tyre machine, wheel balancer and tyre
racking.
* Office / Reception
Window to front, tiled floor, space for desks, filing cabinets etc.
* Externally
There is a generous yard which offers car sales possibilities, ample car
parking and the access lane to the business is owned by the vendors and
included in the Freehold.
_Tenure_
We are advised that that the business is being sold as a Freehold business
opportunity.
The business benefits from being exempt from business rates.
_Hours_
Monday to Friday 8 - 5
Saturday Closed
Sunday Closed
_Staff_
The business is run and managed by our two clients with the help of one full
time members of staff.
_Financial Profile_
mj Autos generates an advised current turnover of circa £233, 000 as of the
2019 accounts with a net profit of £30, 699.
_Please quote reference B05134_

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