Highly Rated Helensburgh Auto Spares Business Up for Sale Due to Retirement
Helensburgh, Argyll and Bute
- Status
FOR SALE
- Date Submitted:
24/07/23
- Advert ID
517061
- Reference
B07437 / Rightbiz
- Call Agent:
- Leasehold: £149,995
- Turnover: £250,589 (£4,819 Per week)
- Net Profit: £40,964 (17% Profit margin)
Business Details
Highly rated car parts and accessories supplier for sale
BusinessPlease quote reference B07437
CoGoGo are delighted to welcome to the market Helensburgh Auto Spares, a highly rated car parts and accessories shop in Helensburgh, Dunbartonshire.
Helensburgh Auto Spares was originally established back in 1980, with our client taking over in 2009. The business has built up an excellent reputation and very loyal client base. As seen by the online ratings and reviews, the business is extremely popular within the region.
This business has now come to the open market due to our clients desire to retire.
Helensburgh Auto Spares in an independent company specialising in retail and trade sales of car parts and accessories. The experienced sales staff, backed by a fast, efficient local delivery service, offers the best in customer service at very competitive prices.
The business prides itself on their commitment to providing a professional and speedy service at all times, whilst maintaining the highest quality work.
Helensburgh Auto Spares is a one stop shop for all spare parts and accessories. The business supplies a huge variety of parts and the stock is constantly being updated.
The business offers a huge range of parts and accessories, expert advice, top quality service, fast response, affordable prices and great availability.
The business offers free wiper blade fitting service and free oil and water checks.
The sale will include the company website and Facebook page and the business enjoys great visibility online with impressive reviews.
Key selling points -
- A well established business with an enviable reputation and many existing customers
- Little or no competition locally
- Current owner happy to offer a handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- Perfect bolt on to an existing car spares business looking for a foothold in the area.
- Advertising and Marketing campaign
- Maximise the use of social media
- Extend the opening hours, demand for Sunday opening
- Update the business website, ideally adding an e-commerce facility
- Invest in SEO and PPC to drive customers to website
Location
Helensburgh Auto Spares is located on East Clyde Street in Helensburgh, Dunbartonshire.
The business is nicely presented and maintained with clear visible signage.
The business is situated on a main road and thus benefits from high levels of footfall and passing trade.
Premises
The business occupies detached and generous premises ideally suited to the trade with a well proportioned retail area and ample storage space.
There is free car parking outside the premises.
Tenure
We are advised that the business is being sold on a leasehold basis, with our client happy to negotiate a mutually acceptable lease with a new owner. The rent is £900 per month.
Hours
The current trading hours are -
Monday to Friday – 8:30am – 5:30pm
Saturday – 9am – 4pm
Sunday - Closed
Staff
We are advised that the business is run and managed by the owner, with the help of 3 full-time and 1 part-time members of staff.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £250,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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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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