Blacks Business Brokers Completes Successful Sale Of Mike O’Sullivan Garage Services

Blacks Business Brokers are pleased to announce the successful sale of a well-established MOT, servicing, diagnostics, and vehicle repair business, marking another milestone in their track record of connecting quality businesses with the right buyers. This business, renowned for its reliable and high-quality automotive services, has been a staple in its local community for many years and has consistently delivered exceptional value to its clients. Operating successfully under its current ownership for a significant period, the sale represents both a new chapter for the business and a rewarding outcome for the retiring owner.

The business has built a strong local reputation, largely due to its commitment to quality workmanship and reliability. It has fostered a loyal, repeat customer base that includes both private and trade clients. These long-standing relationships highlight the trust and respect the business has cultivated over time, underscoring the solid foundation upon which the new owner can build. The sale of such a business offers not just a revenue-generating opportunity but also the chance to carry forward a well-regarded brand that already commands recognition and respect in its community.

Strategically located on a prominent main road, the business enjoys excellent visibility and benefits from strong passing traffic. Its location allows convenient access for customers from nearby residential and commercial areas, ensuring a steady flow of work and supporting consistent revenue. This high-traffic location, combined with its strong reputation, makes the business particularly attractive to buyers seeking a profitable and sustainable operation. The premises themselves are thoughtfully designed for efficiency, comprising a single-storey building with a well-equipped workshop, a kitchen area for staff, and a toilet. The layout allows smooth operational workflow, enabling multiple vehicles to be serviced simultaneously without compromising quality or turnaround times.

Financially, the business demonstrates stable and robust performance. For the year ended 31 December 2024, the business achieved a turnover of £606,527, with a gross profit of £229,787. This strong gross margin reflects both operational efficiency and a loyal customer base. Moreover, the business presents further growth opportunities for a new owner. Potential avenues include increased marketing efforts, broadening the range of services offered, or expanding operating hours to include weekends. The incoming owner will also negotiate a new lease, with a guide rent of £40,000 per annum, offering both security and flexibility for future planning.

The sale also includes the option to acquire fixtures and fittings, which can be negotiated alongside the rental agreement. This arrangement ensures that the business can continue trading immediately after the sale without major disruption, providing a seamless transition for both staff and clients. The current opening hours run from Monday to Friday, 8:30 a.m. to 5:30 p.m., with no weekend trading. This schedule presents a clear growth opportunity for an incoming owner to expand the business’s availability, potentially increasing revenue and customer engagement.

Chelsea Melnyk, the sales negotiator at Blacks Business Brokers who oversaw the transaction, commented: “This business was an excellent example of why partnering with Blacks Business Brokers can make a significant difference in achieving a successful sale. The owner had dedicated many years to building a highly reputable business, and our team was able to match them with a buyer who recognizes its value and potential. Transactions like this are incredibly rewarding because we are not just facilitating a sale; we are helping preserve a trusted local business and supporting the continuity of quality services within the community.”

Blacks Business Brokers has long been recognized for its expertise in handling sales of well-established businesses. Their approach combines comprehensive market knowledge, professional marketing strategies, and a focus on matching sellers with buyers who are genuinely aligned with the business’s future potential. In this case, Blacks Business Brokers’ reputation and network ensured that the business was presented to the right audience, maximizing interest and achieving an optimal sale outcome.

The successful sale of this MOT, servicing, diagnostics, and vehicle repair business illustrates the value of using a professional brokerage service. By leveraging their experience, industry connections, and detailed understanding of the automotive service market, Blacks Business Brokers were able to deliver a smooth and efficient sale process. For the retiring owner, this meant a seamless transition out of a business they had nurtured for years, while the buyer gained immediate access to a profitable operation with a loyal customer base and excellent growth potential.

This business now enters a new phase under its new ownership, with the solid foundations laid by the previous owner and the support of a reputable broker ensuring continuity. The sale also serves as an inspiring example to other business owners contemplating retirement or exploring the opportunity to sell: with the right preparation and a professional brokerage partner, it is possible to achieve a sale that is both financially rewarding and aligned with the long-term legacy of the business.