Used Car Sales L/h £55,000 Bedfordshire | | Undisclosed Bedfordshire | | BEDFORDSHIRE USED CAR SALES (SHOWROOM & CAR PITCHES) Est 40 years Scope to advertise more locally A/T: £719,654 (ex VAT), GP: £109,248 L/H: £55,000 + SAV reduced for a quick sale REF: 8119SG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43220
ADVERT IMPRESSIONS : 32,394 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Car Sales | | SALE: | Agent Sale | LEASEHOLD: | £55000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Our client is situated in a parade which consists of an antiques shop, bed shop, public house, café and many take away’s. A well know busy RAF base is within walking distance and provides our client with a constant stream of trade.
The parade has ample free customer car parking whilst the M1 motorway network is accessed at junction 13.
THE BUSINESS
Advent Business Sales have been instructed to offer for sale this extremely well established going concern which has been trading for over 4 decades.
Retirement is the reason for sale of this used car sales showroom.
Our client specialises in second hand family cars.
The business has achieved an excellent reputation with customers returning many years later asking the vendor to source cars for their families and now grown up children.
The business is staffed by the vendor on a full time basis, 1 full time sales person and a part time book keeper.
This is an opportunity to acquire a business with a superb reputation with scope to take sales up to £1 million per annum with more advertising.
The vendor is prepared to conduct a 2 – 3 handover period to ensure a smooth transition over to a new owner.
The approximate value of the cars are around £120,000.
TRADING HOURS
Mon – Fri: 9.00am – 6.00pm
Sat: 9.00am – 5.00pm
Sun: 10.30am – 4.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
A/T: £719,654 Ex VAT
Gross Profit: £109,248
Accounts will be made available to interested parties after a viewing has taken place.
BUSINESS PREMISES
The premises briefly comprise of:
Ground Floor
1 showroom accommodating 8 cars
An office
Kitchen area to the rear
w/c to the rear
Cleaning bay with rear access to 4 private car parking spaces
To the outside and next to the showroom is a pitch for 6 cars
There is also a 8 car pitch across the road which s used for part exchanges and for parking cars.
TENURE: Leasehold
Original lease: holding over
New lease to be negotiated with landlord
Rent: £13,500
We are advised that the annual business rates are currently: £5,000 | | | | | | FOR SALE | | | | | REFERENCE: | 8119SG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
