Total of 18659 firms and businesses for sale today Saturday 18th May 2024
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Sold. Reputable & Well Established Used Car Dealership

LISTING DETAILS
Firms For Sale ID:
26534
Vendor reference:
AM087
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£200,000  
Turnover / revenue:
£1,500,000
Net profit / cashflow:
Undisclosed
Years established:
13
Trading hours:
0900- 1900 Monday to Friday 0900-1730 Saturday 1100-1600 Sunday
Number of employees:
5

OTHER DETAILS
Reason for selling:
Health reasons
Support and training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The vendor owns the freehold and would be prepared to negotiate a suitable lease at time of sale. Rates are circa £2000 p.a.
 
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BUSINESS DESCRIPTION
Reputable & Well Established Used Car Dealership

Ref.AM087
Location West Midlands
Asking Price £ 200,000 plus stock at valuation

This business was established some 13 years ago by the Vendor and has been at its current site for the last 5 years. Within this time the business has grown to become a significant organisation within the region with a reputation for the quality of its products, flexibility of service and reliability.
The business operates from a high profile location in the West Midlands with superb facilities and highly visible and extended frontage and has established itself as one of the region’s leading used car dealerships. Many current customers have been loyal to the business since the beginning and this has been due in no small part to the business’s competitive prices, quality products, service and attention to detail. Approximately one third of all sales are repeat sales from previously satisfied clients.
The site itself is a real strength of the business. It enjoys excellent exposure being on a major thoroughfare and also benefits from limited competition in the area.
A key component to this business’s success to date has been customer service which is focused to a great extent on after sales, the place where the reputation of the business can be made or lost. Understanding this has meant that the business has prioritised this area and is able to provide customers with piece of mind nor to mention finance and other such added value services.
The site itself comprises some 11,500 square feet. It has separate entry and exit points with ample customer parking. The majority of the cars are displayed under canopies which are flood lit and highly visible from the road.

Expansion Potential
The current business has several growth and expansion possibilities. The site could easily accommodate a workshop to the rear of the existing building where servicing and MOTs could be offered alongside valeting services.