A well-known York garage is gearing up for expansion after being bought by one of its technicians and his uncles.
The deal was advised by the North and East Yorkshire law firm, Harrowells.
Further investment will be made in Garage Services (York) Limited, at The Raylor Centre, James Street, following its acquisition by technician Liam Robertson, a manager, with his aunt and uncle, Frank and Jane McNeill for a significant but undisclosed.
The new owners plan a new tire mounting bay and other efficiency-enhancing technology in conjunction with the rebranding in hopes of growing the business and creating new jobs.
The garage was purchased from owner-managers David Cornish, his younger brother Simon and his wife Donna, who have worked in the business and are retiring together.
Frank McNeill, who previously owned and ran New Lane Motors, York, before becoming a Leeds firefighter 25 years ago, says: “Liam has worked at Garage Services for three years and due to my previous career, Jane and I decided join him. and start a new venture.
“Liam is delighted and it is a true family transaction as his fiancée, Rachel, is David Cornish’s niece. Jane and I will handle business development, including promoting our MOT capability and new investments, while I look forward to getting back into overalls and helping Liam on days off from the fire service.
“Matt Rowley at Harrowells has been excellent, always keeping us up to date with progress and explaining each stage. Acquisitions like this are never easy, but Matt has been very professional and made it as painless as possible.”
Garage Services was founded in 1992 when the York Ministry of Defense laid off the original team of mechanics.
Today the company, with five employees and an annual turnover of around £500,000, provides maintenance and technical inspection, including for the growing market for electric and hybrid vehicles.
As well as over 100 regular private clients, Garage Services look after over 25 local commercial vehicle fleets including Yorkshire Water, Drain UK, ADS, and work on over 1,300 vehicles each year.
David Cornish, who will stay on for a delivery period to help with training and provide continuity for clients, says, “This is a great opportunity for a younger, more energetic management team with up-to-date thinking and a strong engineering background. We are delivering a solid platform and the sky is the limit for them. I wish them and our mutual customers the best.”
Harrowells business lawyer Matt Rowley, acting on behalf of the buyers, says: “It has been a pleasure to support a deal that is so beneficial to all parties, allowing former owners to retire and transfer ownership of their business. of long standing”. to a loyal member of staff in Liam Robertson and the McNeills who can be trusted to continue David Cornish’s legacy.”
The York law firm Cowling, Swift and Kitchin acted on behalf of the retiring directors.