Huntingdon's Top BMW & Mini Parts Supplier, Thriving Since 2007
Huntingdon, Cambridgeshire
- Status
FOR SALE
- Date Submitted:
18/03/22
- Advert ID
292410
- Reference
B06819 / Rightbiz
- Call Agent:
- Asking Price: £75,000
- Turnover: £123,740 (£2,380 Per week)
- Net Profit: £40,000 (33% Profit margin)
Business Details
Well Established BM & Mini Parts Supplier For Sale
BusinessPlease quote reference B06819
CoGoGo is delighted to present to the market BM Mini Parts, a very well established and successful BMW and Mini car parts business.
BM Mini Parts was established by our client in 2007 who is now looking to sell the business to concentrate on his business interests/family.
The ‘Turn-key’ business opportunity specialises in supplying a large choice of BMW and Mini parts with around 9,420 different lines available with approximately 61,000 total parts in stock.
All parts available are coded in line with the BMW catalogue which is available to see online. The business only supplies original genuine parts offered at a greatly reduced price!
We are informed 99% of the direct sales come via the eBay website and the remaining from the online business website.
The stock level of around £100,000 is carefully organised in our clients warehouse (330m2) which also includes a bespoke racking system to allow easy order picking.
The business supplies both the domestic and trade market.
Key selling points -
- eBay site - 1,600 followers/99.6% positive feedback score/45,000 items sold to date
- Detailed business website
- Facebook page
- High, consistent profit margins
- Excellent customer feedback on ‘mini2.com’ & ‘babybmw.net
- Consistent business model
- Full business handover offered
- Singly run by owner only
- Highly organised trading unit
- Nil Business rates
- Opportunity for further growth
- Ideal ‘Bolt-on’ to any similar online supply business
Increasing both the stock holding and increasing current advertising spend could significantly increase the turnover and profit levels.
The following is included in the sale:
- Racking system (£20,000)
- Storage boxes (£10,000)
Location
BM Mini Parts currently trades from our clients warehouse unit in Huntington, Cambridgeshire.
The business occupies a secure unit on the Warboys Airfield Industrial Estate which is conveniently positioned just off the A141 which links directly to the A1 motorway.
The business model operates 100% online with all orders coming via their eBay account and business website.
The business is being sold as a relocatable business only and will need to moved to a new location.
Premises
Relocatable Business Only.
Tenure
Business Only.
Hours
The business trading hours are as followed:
Monday to Friday 09:00am - 17:00pm
Saturday & Sunday - Closed
Staff
The business is run and managed by our client.
Financial Profile
We are advised the business generated a turnover of circa £125,000 as of 2021, further financial information can be made available upon request.
Please quote reference B06819
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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