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Vehicle Sales and Hire For Sale in Pontefract

Pontefract, Undisclosed
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  • Leasehold: £179,950
  • Turnover: £2,851,482 £54,836 Per week
  • Net Profit: Not Applicable

Business Details

CAR DEALERSHIP (FORMER FRANCHISE MAIN DEALER) in West Yorkshire for Sale.

An opportunity to acquire this thriving used car business with net profits in excess of £150,000 before tax (up from £124,000 the previous year). The site here is a former franchise main dealership and is situated in a very commanding main road trading position with over 17,000 vehicles passing on a daily basis (roadtraffic.dft.gov.uk, 2019 count). Worked and run in easy hours over seven days by a competent team of dedicated staff. Annual Turnover £2,851,482. Highly profitable concern showing net profits adjusted to £124,000. The present owners are to retire after over 18 years here. This is not your usual second hand car pitch, it is an upmarket, quality used car centre. The premises are held on a secure lease, sensible rent and comprise huge car forecourt holding up to around 44 cars comfortably, all glass fronted car showroom which holds eight cars, three sales offices, ladies and gents toilets with wash hand basin. Service reception, lounge / waiting area, suite of four offices, toilets and storage. The main fully-equipped workshop and service centre with four workstations incorporating three two-poster hydraulic lifts and one four-poster lift, valeting area. The workshop includes diagnostic equipment, air conditioning servicing unit, new compressor and many assorted jacks and tools. The premises benefit from a new alarm system, BT Avaya phone system and extensive CCTV. EPC Band E.
Stock £250,000.
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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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