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Successful Used Cars dealership with excellent prospects for continued growth

Undisclosed, South Yorkshire

CONFIDENTIAL SALE

  • Turnover: £3,068,217 £59,004 Per week
  • Net Profit: Not Applicable

Business Details

Business
The business sells second-hand cars to the general public.

The company has built an unrivalled reputation locally for the quality of cars sold and its customer-friendly approach. This excellent opportunity has built up a reputation, complemented by great marketing success in Google searches, giving any buyer a superb opportunity and base to take the reins at a thriving business.

The vehicles are sourced from direct trade and vehicle dealers. Meanwhile, the client base is well established.

The trading site is the single long-term lease arrangement, and the site can be expanded to be better utilised, owing to the current site only being circa 50% in use.



Location
The business is based in the North of England.



Premises
Operating out of a leased property. 



Tenure
The opportunity is being sold on a Leasehold basis. 



Hours
The business trades all year round.



Staff
We are advised that the business has fully trained team in place.



Financial Profile
The business is offered to the market confidentially, so further details will be provided upon signing of a Non-Disclosure Agreement.



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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.

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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.

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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.'.

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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.

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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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The data showed regarding this advert 'Successful Used Cars dealership with excellent prospects for continued growth - B06603 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.