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Car & Van Hire Business for Sale Northamptonshire (relocatable)

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Car & Van Hire Business for Sale - Northamptonshire (relocatable)
  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    07/02/22

  • Advert ID

    290231

  • Asking Price: £135,000
  • Turnover: £150,000 £2,885 Per week
  • Net Profit: £50,000 34% Profit margin

Business Details

Vehicle hire business for sale

The vehicle hire business is in Northamptonshire county. The business has had strong growth during the lockdown. The fleet comprises nine new vans and cars. It is operating profitably with a monthly average turnover is £12,000 per month. Each van has positive equity - which means if you sell the stock you can earn around £80,000 to £85,000 straight away!

Location: Northamptonshire but easily can be relocated as an independent company.

Insurance: Can be offered if the buyer finds it difficult to arrange.

Broker's business: The business has access to online broker business - if required the fleet could be increased and volume business can be captured from travel agents/online brokers.

Fleet: We have access and links to fleet providers and will pass on the contacts/contracts if required.

Location: Trading from secure commercial premises in the centre of the town and close to major motorways.

Business: This van and car hire business has been successfully trading since 2020. It is competing effectively with the National car and van hire companies that also operate in the town. It is very competitive on price and it offers a cost-effective service to customers looking for either a short-term or long-term hire. It's a self-sustained business and you don't need a huge amount of cash to run it unless you wish to increase the fleet.

Hours:-

Monday to Friday 0800 to 1700

Saturday 0800 to 1200

Sunday closed.

Stock: The value of the vehicle fleet independently valued by a leading vehicle auction house was over £230,000 - if the stock is sold as it is after clearing the finance the equity left is over £85000.

The fleet is made up of new/fairly new (max 10 months old) vans:-

  • 2 LWB Lutons
  • Four LWB Hi-Top
  • Two LWB
  • One XLWB
  • One Vauxhall Zafira

We can also help you if you are looking to set up car & van rental operations and have access to premises in London or Birmingham city, Heathrow, Gatwick, Luton, Birmingham Airport, then please get in touch. We can help you set up and have a rental company, as we have access to fleet and insurance (subject to credit checks, T&Cs and approvals). I am looking to speak to individuals who understand the business and offers. I am not interested in time wasters.

For more information, contact us by using the form below. Please leave your mobile number in the message.

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Key Features

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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

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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