Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Economy/used Car Sales Specialist Superb Location
LISTING DETAILS
Firms For Sale ID:
33040
Vendor reference:
AM157
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£54,000
Turnover / revenue:
£230,000
Net profit / cashflow:
£27,000
Years established:
2
Trading hours:
0930- 1800: Monday to Friday
0930-1600: Saturday
Number of employees:
1
Employees / staffing:
The vendors oversee the whole operation but do NOT work in the business on a day to day basis. The business employs a branch manager who carries out all the necessary duties on site, be it sales, office duties or valeting
OTHER DETAILS
Reason for selling:
The vendor has other business interests and is unable to dedicate the time required to truly maximise the many opportunities this business has at its disposal.
Support and training:
The vendors will provide full training and support to ensure a seamless transition of ownership and continued trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current rent is circa £23,000 p.a. Rates are circa £10, 000 per annum.
BUSINESS DESCRIPTION
Economy/Used Car Sales Specialist
Superb Location
Ref.AM157
Location West Yokshire
Asking Price £ 54,000
This young and dynamic business was only established some 2 years ago by the vendor but has already built an enviable reputation in the locality for providing exceptional value for money and as a specialist in the used economy sector of the market. All cars have their history clearly displayed and staff are on hand to provide friendly advice if need be.
Even though the business specialise in the economy sector of the used vehicle market it provides a full 60-point safety check on all cars to give customer peace of mind. It can also provide very comprehensive warranty packages with all vehicles and tailor them to meet customer specific requirements if need be. It is this level of customer care that really does separate the business from other operators who work in this part of the motor trade.
The business trades from a high profile location with superb facilities and highly visible forecourt frontage. The site is a real asset of this business being situated on a busy junction in the town. Many current customers have been loyal to the business since the beginning and recommend friends and family. This has been due in no small part to the business’s competitive prices, quality products, service and attention to detail.
A vital component to this business’s success to date has been customer service which is focused to a great extent on pre/after sales, the place where the reputation of the business can be made or lost. This company ethos means the business enjoys good levels of referrals.
The site itself can accommodate some 35 cars on the forecourt at any one time with a further six vehicles in the showroom which ensures there is always a good choice of vehicles for customers to view. There is good access and the forecourt is viewer friendly with no pushy sales techniques. The site has good signage and highly visible from the road. The vendor has invested in the business over recent years with new alarm, pcs, office equipment and furniture.
Expansion Potential
The business has enjoyed very impressive levels of business to date and this trend is expected to continue, despite tough economic times. The site has spare capacity and the customer base is growing due to referrals, the brand, website and word of mouth recommendations