Selling A MOT Garage

You’ve built up a business in the motor industry. Perhaps your MOT garage has gained an enviable client base of regular and repeat custom. You are now coming up to retirement or perhaps you want to focus on other business interests. But whatever the reason may be you are looking to sell your business.

But where do you start? Firstly the best thing to do is make a note of the positive aspects of your business that will attract a serious buyer.

If you have been trading successfully for a number of years that is something you really want to emphasise. Even better if during that time you have built up a solid reputation in the local area as a reliable and efficient business all the better.

The next thing you want to look at is the location of your business. Is it in a densely populated residential area where there are plenty of potential clients looking to use your services. Or perhaps it is on a busy industrial park with plenty of parking.

The next thing to consider is the business fully fitted throughout? If you have the latest ramps and MOT equipment or have recently had a refit of your garage then this will make your business an attractive proposition to a potential buyer.

Once you are ready to go on the market then you want to look for a business transfer agency that has experience of selling MOT garages for their maximum value, and will make sure to really emphasise the points I have discussed.

Sovereign Business Transfer have a wealth of experience of selling MOT garages and have a solid track record of selling businesses in this industry. But don’t just take my word for it. Have a look at our website and you will see a number of MOT garages we have for sale right now, because at Sovereign our aim is to make your ambitions of financial security a reality.