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.