Total of 18656 firms and businesses for sale today Monday 29th April 2024
Business For Sale. Used Car Dealership With Workshop Prime Long Leasehold Site In Area Of Major Redevelopment Within Ci
LISTING DETAILS
Firms For Sale ID:
26521
Vendor reference:
AM094
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£799,950
Turnover / revenue:
£699,950
Net profit / cashflow:
Undisclosed
Years established:
3
Trading hours:
1000- 1800 Monday to Saturday
Closed Sunday
Number of employees:
3
OTHER DETAILS
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 an 80 year lease (3 years in) which ensures running costs are low. Rates are £5500 p.a. The site has been very competitively priced at £699,950 to facilitate a quick sale.
BUSINESS DESCRIPTION
Used Car Dealership with Workshop
Prime long leasehold site in area of major
redevelopment within city
Ref.AM094
Location Manchester
Asking Price £ 799,950 plus stock at valuation
This business was established 3 years ago by the Vendor who has over 35 years experience within the motor trade. Within this relatively small period of time the business has grown to become a significant dealer within the region with a reputation for the quality of its cars, after sales care and finance available.
The business operates from a high profile location within an area of Manchester that has enjoyed a huge amount of regeneration and redevelopment of the last few years. This has only enhanced the positioning of the business which boasts superb facilities and highly visible forecourt frontage. The site is a real asset of this business and may even be a target for potential development in the future such is its prime location on a busy thoroughfare within a major regeneration area of the city. 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.
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.
Expansion Potential
The current business has enjoyed good levels of business to date. There are many areas for expansion not least better utilisation of the workshop facilities the business has at its disposal. The workshops are currently used for servicing and maintaining the current stock.
There is no reason why a new owner could not develop this side further and offer servicing/tyre fitting/ MOT, alloy wheel refurbishment etc to clients, both existing and new in both the trade and retail market. Increased opening hours should also be considered as the business is currently closed on Sundays through choice.