FOR SALE
24/05/21
277062
Alchemy cars is a successful and thriving self-drive family established business based on the main Great Western railway line Totnes, an excellent location at the gate of the wonderful South hams in Devon. We cover all the main towns along the south hams coast, Totnes, Kingsbridge, Dartmouth, Salcombe and Ivybridge.
It has a loyal repeat business reputation with a huge scope and potential for expansion. There are many hidden revenue streams, and we have already garnered a reputation for being a successful rental and used car business in the area.
The business has proven to be covid 19 resistant and has continued to be profitable with a constant net profit in the region of £60K. We are only selling as we have other interests which we wish to pursue. The business has a steady Turnover in the region of £430K. It could easily rapidly grow with an ever-increasing demand for vehicles and the likelihood of more people holidaying within the UK.
The business operates out of a gated, CCTV-covered commercial property. This is a no ties leasehold with and a very reasonable monthly rental cost which the new owner will be able to take over.
Sale includes:
The hire fleet and sales stock are not included in the sales price but can be purchased separately.
WHAT WE DO.
We offer practical and efficient rental solutions and used car sales with a collection of branded, fully-serviced modern vans and cars from small right up to seven-seater. Until this year, we were running a very busy minibus rental option. This one, however, was affected with covid due to distancing rules. It could, in time, be reintroduced.
WHAT WE OFFER OUR CUSTOMERS.
A fleet of fully-serviced modern vehicles ready for hire immediately.
Vehicles with low mileage.
Unrivalled reliability.
A range of insurance coverage options.
Early interest strongly advised.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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