Used Car Sales Business for Sale
Advert ref: 1023SPT
Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well positioned business, which has only been made available for sale due to our client wishing to pursue other business interests.
Our client is a well-established supplier of used cars which are handpicked, individually prepared and presented to the highest standard.
The business has an excellent online sales portal where buyers can peruse vehicles and then select a time to visit their offices to see the cars in the flesh.
In addition to the car sales opportunity our client has an adjoining unit which operates as a fully functional car repair garage where they prepare the vehicles for sale themselves, this is offered with one employee (mechanic) within the sale of the whole business.
The business has enjoyed a consistent level of turnover year on year since they opened some years ago and is now only for sale due to other business commitments.
- Used Car Sales Web Site and Car Lot
- Consistent Year on Year Turnover
- Great Reputation Locally
- Fully Functional Car Repair Unit with Two Ramps
- Ideally Placed in a Popular Town
- Upto 100 Used Cars Stock Available with Sale (at additional cost)
- Year End 2020 Turnover in excess of £550K
Property Details: Leasehold
Asking Price: £225,000 + SAV (Leasehold)
Asking Price: Offers Invited
Turnover: £570,000 Annual
Our clients showroom is based in a popular town in West Sussex
There are two business units associated with this business, one where they are able to show the prepared vehicles to clients, the other unit is a fully equipped car repair shop with two ramps. Both units are available on new leases
Both units are leasehold – we understand that a fully renewable lease can be available for the new owners. We understand the cost of the units are in the region of £13000 per annum each.
Reason For Selling:
Selling due to other business commitments so the current owner cannot dedicate their time to this business.