Car Hire And Chauffering In Rochester Kent | | Rochester Kent | | Phoenix Business Transfer Agents are delighted to place onto the market this thriving excellently run and managed Car Chauffeuring business which has been established since2001. The business has been in the hands of the current owners since 2001 and the | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 71363
ADVERT IMPRESSIONS : 10,714 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Wedding Services | | SALE: | Agent Sale | ASKING PRICE: | £1,200,000 | FREEHOLD: | £1,200,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | - Situated in Rochester area of Kent.
- Prominent location on main arterial road.
- Excellent parking facilities nearby.
- Area earmarked for regeneration.
- Surrounded by densely populated residential area with schools and other local amenities.
- Local population consists of residents and business persons.
- Area offers exceptional lifestyle.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with A230, A229, M2 and good railway links.
Business Details
The particular highlights of the business are:
- The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered.
- Ideally located concern offering excellent lifestyle.
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £170,000 pa with a net profit of £80,000. (See financial summary below). This is very impressive considering the credit crunch.
- A business with great potential which has not been exploited because the vendor does not wish to expand. .
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.
History
Phoenix Business Transfer Agents are delighted to place onto the market this thriving excellently run and managed Car Chauffeuring business which has been established since2001. The business has been in the hands of the current owners since 2001 and they now wish to sell due to retirement.
Services
This very good business opportunity provides a 3 to 4 bed roomed detached house with pond and various tool shops,, 3 very large garages with flame pit, 12 luxurious vehicles including Bentley Turbo R, Rolls Royce’s and Stretch limousines along with a number of small buildings and a patio,
Staffing
The concern employs no staff as it is run by the owners.
Owners Role
The owners’ role is managing and working in the business and they are available 24hrs a day, 365 days of the year.
Marketing
The owner markets the business in various wedding magazines and is regularly invited to wedding fairs and has a website.
Competition
As far as competition is concerned there is none within the locality.
Market
The client base consists of local persons, business persons, and council.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• With an enhanced website.
• Contracts with different companies.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is a detached 3 to 4 bed roomed property with front drive, and is set in approximately ¾ of an acre of land. There is a garage to the front with painted munerals of luxury vehicles on the wall and a CCTV system. It is very well presented and is very conveniently laid out. There is also 12 vintage, luxurious vehicles, 1932 Rolls Royce 20/25, 1936 Packard 120 Sedan, 1936 Austin 10, Bentley S3, Rolls Royce Convertible, Bentley Turbo R, Bentley Turbo R Red Label, American Stretch Limousine, Dodge Ram Pick Up Truck and a Mercedes S, along with a number of small buildings, pond area and a patio.
Equipment with Sale
All fixtures and fittings and equipment are included in the sale price and are valued at £400,000.
External
To the front there is a large patio type area and garage.
To the rear there is a 150ft garage housing vehicles, various tools and spares for the vehicles and flame pit, and two other large garages housing vehicles, tools and other related equipment, large conservatory area and other terraced buildings used for office work and storage. There is also a licensed bar area.
Financial Details
The present turnover is £170,000 per annum with a gross profit of £120,000 and a net profit of £80,000.
The present value of the stock is £200,000
The potential turnover of the business within the next 2 years is forecast to reach £500,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Trading Hours
Monday to Sunday – 24hrs a day
Tenure
The business is Freehold and the rates are Tba
Viewings
The owners are available for viewings at any time by prior arrangement.
Price: £1.2 Million
Ref: 2444 | | | | | | FOR SALE | | | | | REFERENCE: | 2444 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
